Analyst: The current macro environment is similar to the pandemic period, and bitcoin still has room to rise
BlockBeats News, November 29, according to Cointelegraph, Bitwise cryptocurrency researcher André Dragosch stated that the current macro environment faced by bitcoin is "similar" to that during the COVID-19 pandemic. Based on the scale of previous monetary stimulus, global growth expectations will accelerate from now on, indicating that growth momentum will continue until 2026. The current price of bitcoin appears inconsistent with the future macroeconomic outlook, suggesting that bitcoin may still have significant upside potential.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like

Up 14% since July! Forex options traders bet the Korean won rally will continue
Forex options traders are betting that the Korean won, which has been leading the Asian forex market since July, will continue its strong momentum.

Oppenheimer: Azure and M365 Commercial Edition expected to accelerate in fiscal 2027; Microsoft (MSFT.US) target price raised to $570
Oppenheimer raised Microsoft's target price from $515 to $570 and maintained its "Outperform" rating.
South Korean shares give up early gains as investors head for holidays
