Grayscale Research Director: Bitcoin Price Outlook Remains “Structurally Bullish”

Bitget App

Trade smarter

Cointime2025/01/11 03:12

By:Cointime

On January 11, according to Cointelegraph, Grayscale's research director Zach Pandl said that despite temporary resistance in macroeconomic data, the BTC price outlook is still "structurally bullish." "Bitcoin appears to be restrained by the strength of the US dollar, which is rising due to the Federal Reserve's adoption of a more hawkish policy and tariff threats," he added. "Today's strong employment report lowers the possibility of a Fed rate cut, further supporting the dollar and potentially putting pressure on Bitcoin prices temporarily." In addition, he said: "However, with the upcoming inauguration ceremony of the US president, this setback may be temporary." He added that he still believes that "the outlook for cryptocurrency valuation is structurally bullish."

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

Shiba Inu trends, Dogwifhat gains traction, but Troller Cat's live presale is turning heads—positioning it among the Best New Meme Coins to Invest in Now.Last Hours of Stage 6: Join Presale Before Troller Cat’s Valuation SurgesDogwifhat Slides 5% to $0.00305 as Trading Volume and Momentum Cool OffShiba Inu Dips 7.35% to $0.00001336 as Market Cap Shrinks but Volume Jumps 43%Conclusion: Only One Presale is Offering Life-Changing ROI Potential Right Now

Coinomedia•2025/05/31 20:40