Bitcoin experiences a price dip below $27,000, though analysts forecast an upcoming rebound. The US corporate sector has witnessed a rise in unprofitable listed companies, which could prompt investment in alternative assets. Bitcoin has been resilient during macroeconomic shifts based on historical data. ebound based on historical figures. At the same time, the number of US-listed firms that are unprofitable has increased, based on a report by Goldman Sachs.
At this very same point in the cycle … #BTC retraced -25% in 2015 And retraced -38% in 2019 Something to really think about$BTC #Crypto #Bitcoin pic.twitter.com/iDloPVp8j7 — Rekt Capital October 12, 2023 Markus Thielen, author of 'Crypto Titans,' drew comparisons between the Fed's monetary policies and Bitcoin's price rally of 325% in 2019.