🟢 Bitwise: dollar devaluation — fuel for Bitcoin growth
Bitwise CIO Matt Hougan believes that the policy of a weaker dollar in the USA could strengthen BTC's position as an alternative reserve asset.
📌 What is happening:
– The Trump administration seeks a weaker dollar
– White House economists acknowledged: the dollar creates trade imbalances
– The inverse correlation between BTC and the dollar remains at -0.4 to -0.8
– Bitcoin benefits from distrust in the dollar and the rise of global fragmentation of reserve currencies
– BTC, as digital gold, is becoming increasingly relevant
📈 Forecast:
Bitwise still believes that BTC could reach $200,000 by the end of the year, especially if the weakening of the USD continues.
📉 Impact: positive — the news strengthens long-term confidence in Bitcoin as a reserve asset.
📜 Historical Fact:
In 1978, the dollar already faced a crisis of trust, which became a catalyst for the rise of gold. Today, history may repeat itself with BTC.
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