Bitcoin (BTC) $95,362.8 Today, after reaching the 100 thousand dollar mark, it dropped very quickly to $95,199. We are used to such rapid declines after slow rises. This painful decline for altcoins is one of the speculative movements brought about by the lack of volume at the end of the year. But corporate demand is alive. So what do the experts think?
Is the Cryptocurrency Decline Over?
BTC It is holding above $90,000, and this continues after the Fed undermined optimism for 2025. Although the recent decline brought liquidations in futures, CryptoQuant CEO Ki Young Ju says the situation is not bad.
Sharing the chart below, the on-chain expert made statements that reassured investors.
“BitcoinIn , the whale accumulation narrative has become so widespread that it has become a household word.
Just 2-3 years ago, news of whale savings would send shockwaves through the market. Today, this is no longer new news, it is just expected, routine information. This shift reflects the current reality: retail investors are staying away from Bitcoin, allowing whales to dominate the market. And most people seem to be aware of this dynamic.
I define a bubble as a period in which the market price, as measured on the network, significantly exceeds incoming capital. We are clearly in a bull market right now, with on-chain data showing $7 billion of capital entering the market weekly.
News of whale accumulation no longer stirs people to action – perhaps because analysts, myself included, have been calling it a bull market for the last two years. But the bull market is not over yet. If Bitcoin turns into a bubble, all analysts will be screaming about a cyclical top. It is clear that there is no bubble for now. There may be corrections, of course, but it’s unlikely we’ll see a decline of more than 30% in the middle of a bull cycle. Even if such a decline were to occur, it would likely be short-lived, with prices potentially rising more than 30% after the correction.
This Bitcoin The peak of the cycle still seems far away. I would like to hear the reasoning of those who predict that a bear market will begin. “One thing is clear: they are not looking at the data on the network.”
ETH and AXS Coin Review
Carl put the ETH price on his agenda in today’s market evaluation. ETH is at $3,354 at the time of writing. According to the analyst, the price may move to $3,980 or $2,920 with a convincing break we will see in the symmetrical triangle. Now ETH lingers on the baseline.
AXS Coin Sharing his current forecast for Waleed Ahmet, he wrote that the upward potential continues with ongoing closings above $ 4.05 and the price may exceed $ 13.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
