Bitcoin (BTC) Report from Bank of America! Will the Bear Come Out From Here?

US banking giant Bank of Americapublished its report titled “Digital Assets: In the Flow” by analysts led by Alkesh Shah.

between personal and exchange-based wallets cryptocurrency The report, in which the flow analysis was conducted, concluded that investors are undecided about the direction of the crypto market.

Analysts led by Alkesh Shah say the Fed’s tightening policy and macroeconomic conditions will change in the next six months. cryptocurrencies Noting that it may limit its upward movement, he said:

“Given criteria such as the level of user adoption and the increase in developer activity, something is on the horizon. crypto winter It won’t happen.”

from stock markets bitcoin Stating that outflows and bottom purchases have decreased, the bank stated that Ethereum He said that the inflows continue and there are price fluctuations in this context.

Speaking at an event recently Vitalic Buterine On the other hand, he stated that he thinks that the crypto money world can actually benefit from a possible crypto money winter.

*Not investment advice.

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