Bitcoin macroeconomics is overwhelmingly positive
While the stock market has taken a downward turn in recent weeks, shedding an immense portion of its gains under the influence of significant macroeconomic challenges, other assets are standing out for their positive price action and outlook, including Bitcoin (BTC) and gold. Specifically, according to the financial expert and CEO of cryptocurrency trading platform CoinRoutes, Dave Weisberger, the macro outlook for the maiden crypto asset and the precious metal is overwhelmingly positive, as he told Scott Melker, a.k.a. in an interview streamed on October 30. Why BTC macro is positive As Weisberger explained, such a positive outlook is partially the result of the presently very unpredictable geopolitical atmosphere in many countries for many people that makes portable assets like cryptocurrencies more appealing to alternatives: “I think that the macro for Bitcoin and gold is about as overwhelmingly positive as you could possibly be. You have massive geopolitical uncertainty, and it‘s a big deal – portability. Being able to take one’s assets and leave a country or move has never been more important.” On top of that, according to the financial expert, the government is “going to use geopolitical uncertainty as a justification for spending money and for liquefying the economy” and that “the reason