Bitcoin Price Influenced More by Public Consensus than Macroeconomic Indicators

10/6/2024 3:11:13 PM

According to Ki Young Ju, the fluctuation in Bitcoin's price is primarily driven by public consensus rather than macroeconomic indicators. This suggests that the prevailing narrative around Bitcoin holds more sway over its price movements. For traders, the focus should be on understanding how many people still reject Bitcoin, even after conducting thorough research. (Source)

Bitcoin Ki Young Ju public consensus macroeconomic indicators

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