Analysts use various indicators to predict Bitcoin's future performance, including technical and fundamental metrics.
Jamie Coutts, chief crypto analyst at Real Vision, believes the M2 money supply and the U.S. Dollar Index are the best predictors.
Coutts highlights that changes in the global money supply, particularly an increase in momentum, along with factors like dollar depreciation and improved credit conditions, are crucial for Bitcoin's next growth phase.
What do you think?
Upvoted! Thank you for supporting witness @jswit.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit