Bitwise: Bitcoin may fall further in the coming weeks
On December 23, Andre Dragosch, head of European research at Bitwise, said that he had been accurately bullish on BTC for months, but after Bitcoin fell 8% last week, he warned that Bitcoin could fall further in the coming weeks. Andre said: "The macro situation is that the Fed is in a dilemma. Although it has cut interest rates three consecutive times since September, the financial environment continues to tighten. At the same time, according to Truflation's U.S. inflation indicator, a real-time indicator of consumer price inflation has accelerated to new highs again in the past few months, so we are likely to see more pain in the coming weeks, but given the continued tailwind from the shortage of BTC supply, this could be a buying opportunity."(Coindesk)
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