Binance News
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Noelle Acheson: BTC remains a safe haven in the long term
According to ChainCatcher, Noelle Acheson, the correspondent author of (Crypto Is Macro Now), said that BTC is still a safe haven. The short-term price of BTC is determined by the previous round of short-term transactions.
In the long run, Bitcoin remains a safe haven. The market is currently in a risk-averse mood, macro portfolios are reducing positions, and there is a lack of new capital inflows.
Uncertainty among both professional and retail investors is high, but the tailwinds remain intact. Once the market adjusts to the new economic landscape, inflows into the cryptocurrency market will resume.
In the long run, Bitcoin remains a safe haven. The market is currently in a risk-averse mood, macro portfolios are reducing positions, and there is a lack of new capital inflows.
Uncertainty among both professional and retail investors is high, but the tailwinds remain intact. Once the market adjusts to the new economic landscape, inflows into the cryptocurrency market will resume.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
