Rise and Corrections in Bitcoin

After the great interest in meme coins, Bitcoin (BTC) lost value after surpassing its historical high levels. However, it showed a significant increase of approximately 60% as of the new year. The drop of BTC from $73,000 to below $70,000 resulted in significant liquidations. Bitcoin’s Price Movements Kris Marszalek, CEO of Cryptocom, stated in an interview with CNBC that the price changes are due to movements in the options market and that the volatility is lower compared to previous cycles. BTC recovered from the drop of $66,000 to reach $68,725, indicating a daily increase of 2.47%. Long-Term Bitcoin Investment Marszalek stated that the recent drops were a beneficial correction and explained that it prevented aggressive price increases by reducing leveraged transactions. He emphasized that Bitcoin is a long-term investment vehicle and should be held for decades. Bitcoin Expectations for 2025 Bernstein analysts expressed the expectation that the cryptocurrency market value […]

Rise and Corrections in Bitcoin

After the great interest in meme coins, Bitcoin (BTC) lost value after surpassing its historical high levels. However, it showed a significant increase of approximately 60% as of the new year. The drop of BTC from $73,000 to below $70,000 resulted in significant liquidations.

Bitcoin’s Price Movements

Kris Marszalek, CEO of Cryptocom, stated in an interview with CNBC that the price changes are due to movements in the options market and that the volatility is lower compared to previous cycles. BTC recovered from the drop of $66,000 to reach $68,725, indicating a daily increase of 2.47%.

Long-Term Bitcoin Investment

Marszalek stated that the recent drops were a beneficial correction and explained that it prevented aggressive price increases by reducing leveraged transactions. He emphasized that Bitcoin is a long-term investment vehicle and should be held for decades.

Bitcoin Expectations for 2025

Bernstein analysts expressed the expectation that the cryptocurrency market value could reach $7.5 trillion by 2025, tripling in value. This growth is expected to occur through institutional interaction. Marszalek also endorsed this expectation, stating that inflows from Bitcoin ETFs are effective.

Increase in Spot Bitcoin ETFs

Future expectations for Bitcoin ETFs are positive. JMP Securities suggests that spot ETFs could attract a $220 billion investment over the next three years and increase the value of Bitcoin to $280,000, raising the market value to $5.50 trillion.

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how to buy crypto?
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