A few days ago, we told you about Elon Musk’s recent decision. The billionaire said he would no longer accept payments in Bitcoin for his Tesla company. Following this announcement, the price of Bitcoin has continued to fluctuate, with a strong downward trend. The price of the token is really struggling to stabilise or even to rise again. But contrary to what you might think, this fall is not simply due to Elon Musk’s tweet. It actually reveals much deeper causes.
In his video, Jonathan Nowak looks at these aspects, which are overlooked by most investors. He analyses the state of the global economy and how it is impacting the price of bitcoin. With a global study of the market and inflation, and proposed scenarios, the youtuber offers a detailed account of the subject.
Check out his analysis in his brand new video!
