🧵 1. Bernstein analysts: Bitcoin poised for Q3 influenced by macro events, election. Despite recent correction, institutional adoption remains strong. #crypto
🧵 1. Bernstein analysts: Bitcoin poised for Q3 influenced by macro events, election. Despite recent correction, institutional adoption remains strong. #crypto
🧵 2. Bitcoin adoption trends positive: ETF inflows, bank approvals on track. Institutional involvement growing, with steady Bitcoin ETF inflows this year.
🧵 3. U.S. election a major short-term catalyst for crypto markets. Bernstein report notes Bitcoin favors Trump as a crypto-friendly candidate.
🧵 4. BTC, crypto prices affected by U.S. election dynamics. Bernstein predicts range-bound market until election outcomes, trading off key events.
🧵 5. Bernstein advises investors to consider Bitcoin exposure for potential "Trump trade". Market likely to trade off macro and election cues in Q3.
🧵 Read more at: https://decrypt.co/243145/bitcoin-institutional-adoption-remains-on-track-despite-market-turbulence-bernstein