Experienced names in the market suggested that Bitcoin could reach more serious price levels if it stood out as “digital gold”.
Bitcoin 35 thousand dollars While progressing in a consolidated structure to its level, remarkable statements came from experts. Especially the USA has been dragged into debt the swamp And macroeconomic of uncertainties It can highlight Bitcoin as digital gold was expressed.
Market analysts stated that the USA, which is dealing with serious inflation and debt problems especially after the Covid pandemic, cannot easily get out of this situation, and emphasized that the depreciation in the dollar could benefit Bitcoin.
Bitcoin, which has had a safe haven story for a long time, 2008 It emerged after the great crisis in . Along these lines, many believe that Bitcoin must truly prove its safe-haven narrative in order to reach the next record prices.
According to experienced names, this kind of situation is specific to Bitcoin. acceptance It was stated that if this happens, the price will be positively affected as a result.
CEO of Banxa Richard MicoHe stated that Bitcoin is taking on an increasingly serious hedge role against upcoming financial crises with the following statements:
I think public education about the serious financial situation facing the United States is increasing, and there is a growing appreciation of Bitcoin’s role as a hedge against that financial situation. The United States currently has over $33 trillion in debt, on top of unfunded liabilities of approximately $170 trillion. And indeed, the only way out of this impending debt crisis is through quantitative easing or money printing, which will inevitably devalue the dollar.