Macro Conditions Look Bullish for Bitcoin As Massive Supply Overhang Now Mostly Settled, Says Analyst

A widely followed crypto trader thinks that improving macroeconomic conditions and easing sell-pressure bode well for Bitcoin (BTC). Pseudonymous analyst Altcoin Sherpa tells his 220,300 followers on the social media platform X that he’s flipping bullish on Bitcoin even though BTC’s market structure on the daily chart remains bearish. “I am not personally too scared. The post Macro Conditions Look Bullish for Bitcoin As Massive Supply Overhang Now Mostly Settled, Says Analyst appeared first on The Daily Hodl .