🤔 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.
BTC-1,01%
ETH-1,22%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin