Derived from Captainaltcoin, two top analysts, Jacob King and Dan Gambardello, present conflicting views on Bitcoin's (BTC) future. Jacob King argues that BTC's 34% drop from October highs and structural issues like falling hashrate and weak institutional demand suggest a prolonged bearish phase. He compares the situation to long recoveries in other major tokens, indicating a potential multi-year downturn. In contrast, Dan Gambardello challenges this outlook, pointing to macroeconomic data such as the RRP draining from $2.5T to near zero and elevated TGA levels, which he believes signal a setup more aligned with a potential bull market than a deep bear market. The market remains divided between these two data-driven perspectives.
Top Analyst Predicts Prolonged Bitcoin Struggles Amid Market Uncertainty
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