At the Upbit conference, Eric Trump stated that BTC is headed for “explosive growth” within a year and a half.
He called the cryptocurrency the ideal hedge and is confident that investors are now at the dawn of a new financial era.
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Who knows, maybe we’ll hand out some BTC to the world and erase our $35 trillion. It’s another form of currency, and it would bring benefits to the country. If we don’t do it, other countries will take the leading position. We’d better be ahead.
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Analysts have noticed the connection between gold and BTC: bitcoin follows gold, but with a delay of about 100 days.
☝️ By this logic, a new rise in cryptocurrency awaits us in the very near future.
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Meanwhile, the
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Real (inflation-adjusted) M2 has also been rising for 12 straight months. This means the economy has more “free money,” which supports the growth of assets like Bitcoin, but puts pressure on the dollar, which remains in a bear market — analysts.
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