Bitcoin (CRYPTO: BTC) may be battling numerous risks, but macro analyst Joe Consorti says its resilience could be a stronger signal than investors realize.
Bitcoin’s Resilience Stands Out
Speaking on “The Exit Manual” on Aug. 13, Consorti and host Julian Figueroa discussed risks ranging from quantum computing and protocol disputes to self-custody vulnerabilities and Bitcoin’s weakening relative returns.
Yet, Consorti highlighted BTC’s ability to withstand those pressures. "Nothing can move this thing lower," he said, pointing to BTC holding around $64,000 despite tight monetary policy, geopolitical uncertainty and technical controversies.
Bitcoin has fallen roughly 50% from its highs, but Consorti noted previous cycles produced drawdowns of 70%-90%.
