@maximiliores
Based on recent global debt crisis developments, how might Bitcoin’s safe-haven narrative impact its price over the next 12 months?
Global debt crises often undermine confidence in fiat currencies and traditional financial systems. In such environments, Bitcoin’s fixed supply and decentralized nature strengthen its safe-haven appeal. If investors fear sovereign defaults or currency devaluation, capital may flow into Bitcoin as a hedge. Technical indicators could show accumulation, with support levels holding firm around key thresholds. Over the next 12 months, if debt crises persist or worsen, Bitcoin’s price may rise as more investors seek an alternative store of value. While short-term volatility might occur due to market uncertainty, the overall trend could be bullish, supporting a gradual move toward higher price levels. Bitcoin’s safe-haven narrative is likely to gain prominence, particularly if global economic conditions deteriorate.