We talk about the current market situation basically on a daily basis, and even though Bitcoin has been in a strong bearish downtrend for the past few months, the number of opinions that Bitcoin will soon recover and even reach a new ATH is constantly growing. CoinShares Chief Strategy Officer Meltem Demirors also shares this view, believing that Bitcoin will reach new all-time highs within the next 24 months, adding that there is a possibility that it could fall further before then.
The market is still massively controlled by the big players, as evidenced by the many situations where 10, 20 or even 30 billion dollars basically evaporated from the market overnight, causing panic and an even bigger crash. However, as we informed you, the number of so-called “hodlers”, that is, long-term investors who buy more and more BTC into their stocks. Many experts expect that Bitcoin will soon take off and we will see growth to 30-40,000 USD, and we also expect such a scenario. However, we personally think, that autumn is the best candidate for such a scenario, but let us be surprised.