macrotrac (macrotrac)

macrotrac

Trends researcher, macro economist, analyst

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recast:farcaster://casts/0x0ba6419fd9aa0502c0ee993b8eeea4995ab44ae5139bd3af963f115ac4dd185e

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Current high bitcoin prices, relative to its production cost or relative to gold, raise doubts about the sustainability of the $12 billion year-to-date inflow into crypto assets, according to JPMorgan analysts. https://www.theblock.co/post/300004/jpmorgan-crypto-inflows-skeptical It is not surprising that the price of bitcoin is going down today

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Bitcoin is currently between 67k and 68k. Everything indicates that BTC will go lower. Now is not the time when the ALTSeason should come. It's not the time to buy.

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