Bitcoin holders (BTC) were the first to highlight the faults of economic data in the United States and position themselves for upward potential, explains Anthony Possano, crypto entrepreneur.
“Bitcoingers were the first large -scale group to recognize that economic data was wrong, and they found a way to get rise financially if they were right,” Poseliano said in a post of April 12.
Pospiano provides more than the data will carry out data is “inaccurate”
“The tacit secret of the reason why so many people in finance are wrong in their analysis of prices is that the people of finance believe that government data,” he added.
In the midst of generalized uncertainty and continuous fear on the part of the US President Donald Trump, Poseliano has questioned the accuracy of American inflation figures, employment numbers and GDP statistics. He added that “finally, everyone will realize that the data is inaccurate”.
This comes after Poseliano underlined in an article in LinkedIn on March 20, the appearance of the American secretary of the Treasury Scott Bessent on the all -in podcast, where Bessent was asked directly if he trusted the data – and replied: “No”.
“Even the secretary of the Treasury has now publicly recognized that he did not believe the data. He says we have to listen to people rather than blindly follow government data reports. ”
Concerns about the reliability of American economic data have been preparing for some time. A July 2024 report argued that new approaches are necessary to “ensure that government statistics remain reliable”.
Source: Anthony Poseliano
This occurs while current concerns concerning Trump’s imposed prices have led certain cryptographic analysts to strengthen the idea that Bitcoin could survive the US dollar in the long term.
Bitwise Invest’s Alpha Strategies, Jeff Parks, said on April 9 that there was “a higher risk that Bitcoin survives above the dollar in our lives after today”.
In the past five days, the US dollar index (DXY) fell by 3.19%, currently in position 99.783 at the time of publication, according to tradingView data.
The US dollar index has been down 8.06% since the start of 2025. Source: Source: Tradingview
Several Wall Street analysts were believed that Trump’s imposed prices would strengthen the US dollar, according to a recent report from the Wall Street Journal.
Pospiano said: “Traditional financial conversation has become an intellectual boondoggy where most people regurgit poorly informed sockets according to poor data.”
Analysts recently underlined the recent breakaway of Bitcoin of actions
Meanwhile, analysts recently stressed that while the “Tanking” stock market on April 4 in the middle of pricing uncertainty, Bitcoin has not decreased as much as expected. During periods of macroeconomic uncertainty, Bitcoin and cryptography assets have always been more volatile than the stock market.
In relation: The price of Bitcoin rises to $ 83.5,000 – have BTC pro merchants become bullish?
On April 4, Cointtelegraph reported that Bitcoin was stable above $ 82,000 and that the American equity markets collapsed, Bitcoin joined $ 84,720, reflecting prices, which is not characteristic of the standard.
Meanwhile, the former CEO of Bitmex, Arthur Hayes, said that Bitcoin could enter what he calls “only mode”, because a crisis of deepening in the market of American bonds potentially distance investors from traditional paradise and to alternative value reserves.
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