Is Bitcoin ready to explode? BlackRock talks about a "superpower" that will change the world.
The global economic and geopolitical situation is undergoing a radical transformation. This trend has significantly accelerated due to the new tariffs imposed by the United States on imports. According to analysts at Deutsche Bank, this could signify the beginning of a major bearish phase for the US dollar. This situation could be very beneficial for Bitcoin (BTC). At least that is what financial experts at BlackRock believe, who think that the "huge power" of Bitcoin will change the world in the coming decades. BlackRock considers Bitcoin as a "superpower" that can change the global economy in the coming decades.
Deutsche Bank expects a major bearish phase for the US dollar, which could favor Bitcoin as a safe haven.
The tariff policy pursued by President Donald Trump raises concerns among financial analysts. Because it could be a reason for changing the direction of the US dollar. This was claimed by analysts George Saravelos and Tim Baker from Deutsche Bank, as reported by Forbes magazine.
According to them, "the fundamental conditions are now ready to start a major bearish trend for the dollar." This situation could drive Bitcoin to rise.
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