Analyst: With the improvement of macroeconomic conditions, Bitcoin and gold are expected to surge
Raoul Pal, founder and CEO of Global Macro Investor, pointed out that with the improvement of macroeconomic conditions, the prices of Bitcoin and gold may rise significantly. In addition, cryptocurrency trader Moataz Elsayed (also known as "Eljaboom") stated that once the price of Bitcoin breaks through the $70,000 mark, it means that the bear market is over.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Data: The current Crypto Fear & Greed Index is 15, indicating a state of extreme fear.
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