Bitcoin’s Slump Could Continue as Goldman Sees Several More Quarters of Dollar Strength

Trivedi does offer some hope for dollar bears (and bitcoin bulls), suggesting it’s possible the European economy strengthens from here, new leadership at the Bank of Japan (BOJ) could be more hawkish, and China may back off its zero-Covid policies – all of which might tend to put pressure on the U.S. dollar. “But,” he cautions, “we are not there yet.”