Analysis of Gulf Brokers Ltd. about Bitcoin and his suitability to get over the crisis

Analysis of Gulf Brokers Ltd. about Bitcoin and his suitability to get over the crisis

His analysis was shared worldwide:

https://www.dayofdubai.com/news/bitcoin-suitable-instrument-get-over-crisis

Is Bitcoin a suitable instrument to get over the crisis?

Bitcoin went through its third 'halving' last month without much public attention. Bitcoin 'halving', occurring every four years, only took place twice in the past.

International Monetary Fund forecasts the global economy to decline by 3%. Country economic forecasts predict the U.K. (BoE) to drop far below 25%, Germany in almost 18%, and the U.S. to decline by 15%  in the worst-case scenario. These predictions could lead to estimations that Bitcoin could serve as a suitable instrument to ensure price movements of traditional currencies. And that is supported by a lower Bitcoin supply.

The press release you can read here.