PANews reported on November 29th, citing Cointelegraph, that Bitwise cryptocurrency researcher André Dragosch stated that Bitcoin is currently facing a macroeconomic environment "similar" to that during the COVID-19 pandemic. Dragosch believes that based on the scale of previous monetary stimulus, global growth expectations will accelerate—indicating that this growth momentum will continue until 2026. Bitcoin's current price seems inconsistent with future macroeconomic prospects, therefore, Bitcoin may still have significant room for appreciation.PANews reported on November 29th, citing Cointelegraph, that Bitwise cryptocurrency researcher André Dragosch stated that Bitcoin is currently facing a macroeconomic environment "similar" to that during the COVID-19 pandemic. Dragosch believes that based on the scale of previous monetary stimulus, global growth expectations will accelerate—indicating that this growth momentum will continue until 2026. Bitcoin's current price seems inconsistent with future macroeconomic prospects, therefore, Bitcoin may still have significant room for appreciation.
Analysts: The current macroeconomic environment is similar to that during the pandemic, and Bitcoin still has room to rise.
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PANews reported on November 29th, citing Cointelegraph, that Bitwise cryptocurrency researcher André Dragosch stated that Bitcoin is currently facing a macroeconomic environment "similar" to that during the COVID-19 pandemic. Dragosch believes that based on the scale of previous monetary stimulus, global growth expectations will accelerate—indicating that this growth momentum will continue until 2026. Bitcoin's current price seems inconsistent with future macroeconomic prospects, therefore, Bitcoin may still have significant room for appreciation.
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