Bitcoin hasn’t seen such ‘asymmetric risk-reward’ since COVID: Analyst - Source: CoinTelegraph

Bitcoin may have significant upside from here as its current price appears to be out of step with the forward macroeconomic outlook, according to a crypto researcher.

“The last time I saw such an asymmetric risk-reward was during COVID,” Bitwise Europe head of research André Dragosch said in an X post on Friday, referring to March 2020 when global pandemic fears sent Bitcoin’s price tumbling from around $8,000 to below $5,000.

Story continues: https://cointelegraph.com/news/bitcoin-price-risk-reward-covid-19-setup-analyst