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🤔 Bitcoin and Ethereum are close to levels signaling a trend reversal, despite growing investor concerns about a bear market, macro analyst Jordi Visser stated.
According to the expert, for the bullish movement of BTC to be confirmed, it needs to break through $76 000, and ETH — $2400.
“I believe inflation will remain high, and people need to find something that will generate profit when the S&P 500 index is not moving,” Visser added.
At the same time, the macro analyst does not consider himself a “fan” of classifying Bitcoin price trends as bullish or bearish. He claims that the market usually reverses when investors are most confident in further growth and vice versa.