Bitwise: Bitcoin could fall further in the coming weeks

Odaily reports that Bitwise's head of European research, Andre Dragosch, has accurately predicted the BTC market for months, but after BTC fell 8% last week, he warned that BTC may fall further in the coming weeks. Andre said: "The macroeconomic situation is that the Fed is in a dilemma, and although it has cut interest rates three times since September, the financial environment is still tightening. At the same time, according to the Truflation US inflation indicator, the real-time indicator of consumer price inflation has accelerated to new highs in the past few months, so we are likely to see more pain in the coming weeks, but considering the persistent tailwinds from the BTC supply shortage, this may be a buying opportunity." (Coindesk)