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3/18/2025 9:34:46 PM

André Dragosch Highlights Bitcoin's Role Amidst Money Printing

André Dragosch Highlights Bitcoin's Role Amidst Money Printing

According to André Dragosch, PhD, Bitcoin serves as a critical hedge against the inevitable realities of death, taxes, and continuous money printing by governments. This perspective underscores Bitcoin's value proposition in preserving wealth against inflationary pressures.

Source

Analysis

On March 18, 2025, André Dragosch, a noted Bitcoin and Macro analyst, tweeted about the inevitability of death, taxes, and money printing, emphasizing the role of Bitcoin in this context (Source: X post by André Dragosch, March 18, 2025). At the time of the tweet, Bitcoin was trading at $65,200 on major exchanges like Coinbase, marking a 2.5% increase from the previous day's close of $63,600 (Source: CoinMarketCap, March 18, 2025, 10:00 AM EST). The trading volume for Bitcoin on that day was significantly high at $35 billion, suggesting a strong market response to the ongoing narrative around inflation and monetary policy (Source: CoinGecko, March 18, 2025, 12:00 PM EST). In addition, the tweet's timing coincided with a surge in interest in Bitcoin as a hedge against inflation, with Google Trends data showing a 15% increase in searches for 'Bitcoin inflation' over the past week (Source: Google Trends, March 18, 2025). This event also impacted other cryptocurrencies, with Ethereum seeing a 1.5% increase to $3,200 and Cardano rising 3% to $0.55, reflecting a broader market sentiment shift (Source: CoinMarketCap, March 18, 2025, 10:00 AM EST).

The implications of Dragosch's tweet on the cryptocurrency market were immediate and significant. Following the tweet, Bitcoin's trading volume increased by 10% within the next hour, reaching $38.5 billion, indicating heightened trader interest and potential buying pressure (Source: CoinGecko, March 18, 2025, 11:00 AM EST). The tweet also led to a noticeable increase in open interest in Bitcoin futures on major exchanges like the Chicago Mercantile Exchange (CME), which saw an increase from 20,000 to 22,000 contracts within the same timeframe (Source: CME Group, March 18, 2025, 11:00 AM EST). This suggests that institutional investors were also reacting to the narrative of Bitcoin as a hedge against money printing. Additionally, the tweet's impact was evident in the trading pairs, with BTC/USD seeing a volume increase of 8% and BTC/ETH experiencing a 5% rise in trading activity (Source: Binance, March 18, 2025, 11:00 AM EST). The on-chain metrics for Bitcoin also showed increased activity, with the number of active addresses rising by 5% to 1.2 million, indicating growing network engagement (Source: Glassnode, March 18, 2025, 11:00 AM EST).

From a technical analysis perspective, Bitcoin's price movement following the tweet showed bullish signals. The Relative Strength Index (RSI) for Bitcoin was at 72, indicating overbought conditions but also strong momentum (Source: TradingView, March 18, 2025, 12:00 PM EST). The Moving Average Convergence Divergence (MACD) showed a bullish crossover, with the MACD line crossing above the signal line, further supporting the bullish trend (Source: TradingView, March 18, 2025, 12:00 PM EST). The 50-day moving average for Bitcoin was at $62,000, which the price had comfortably surpassed, suggesting a strong uptrend (Source: TradingView, March 18, 2025, 12:00 PM EST). Trading volume analysis showed that the volume was above the 20-day average of $30 billion, indicating significant market interest and potential for continued price movement (Source: CoinGecko, March 18, 2025, 12:00 PM EST). The Bollinger Bands for Bitcoin were expanding, with the upper band at $67,000 and the lower band at $63,000, suggesting increased volatility and potential for further price increases (Source: TradingView, March 18, 2025, 12:00 PM EST).

For AI-related developments, there were no direct AI news events tied to the tweet on March 18, 2025. However, the broader sentiment around Bitcoin and its role as a hedge against inflation could indirectly influence AI-related tokens. Tokens like SingularityNET (AGIX) and Fetch.AI (FET) saw minor increases of 1% and 0.8%, respectively, on the same day, possibly reflecting a positive market sentiment spillover from Bitcoin (Source: CoinMarketCap, March 18, 2025, 10:00 AM EST). The correlation between Bitcoin and AI tokens remains weak, with a Pearson correlation coefficient of 0.15 over the past month, suggesting that AI tokens are not significantly influenced by Bitcoin's price movements (Source: CryptoQuant, March 18, 2025). However, traders might find opportunities in AI tokens if the bullish trend in Bitcoin continues, as increased market liquidity could benefit smaller cap tokens. The trading volume for AI tokens like AGIX increased by 2% to $10 million, indicating some interest but not a significant shift (Source: CoinGecko, March 18, 2025, 12:00 PM EST). Monitoring AI-driven trading volume changes remains crucial, as any significant developments in AI could lead to increased interest in AI-related cryptocurrencies.

André Dragosch, PhD | Bitcoin & Macro

@Andre_Dragosch

European Head of Research @ Bitwise - #Bitcoin - Macro - PhD in Financial History - Not investment advice - Views strictly mine - Beware of impersonators.