Is Bitcoin Done Or Is This Just The Beginning? Pundit Shares Points To Consider

Next on the list of reasons points to the current macro climate. With the tariff war still mostly unresolved, interest rates staying the same, and consumer confidence plunging, the analyst says the macro climate is a “mess.”

Another reason is that institutions are not going to let their investments be in vain. The likes of BlackRock and Fidelity have poured billions of dollars into their ETF products, and BarneyXBT explained that it is unlikely they spent this much on infrastructure just to walk away.