Bitcoin (BTC) $93,857.8While it has been trading between 90 thousand and 95 thousand dollars in recent weeks, concerns that the price may enter a downward trend are increasing. However, long-term investors see this fluctuation as an opportunity to prepare for a new rise. CEO of Wave Digital Assets David Siemer He made a statement supporting this optimism by saying, “There is a high probability that Bitcoin will reach 200 thousand dollars.”
New Cryptocurrency Regulations and the ETF Factor
Siemer, many countries cryptocurrencyHe stated that he was preparing to take important steps in favor of the people. USA, Singapore, Japan And Europe He stated that their countries will have positive effects on the markets with new regulations. The success of spot Bitcoin ETFs, especially in the USA, is forcing global financial markets to diversify their cryptocurrency products.
“American ETFs have neutralized global Bitcoin products. “Lower-cost and effective products attract attention in the US market,” said Siemer. European UnionHe underlined ‘s potential to introduce more cryptocurrency-friendly regulations.
Creating Strategic Bitcoin Reserves is on the Agenda
Siemer, some countries Bitcoin reserve He also said that he could enter the creation process. Although the USA is not expected to take a clear step on this issue, Texas And wyoming It is stated that states such as are considering this issue.
“The federal government currently holds $19 billion worth of Bitcoin,” Siemer said. “This corresponds to a strong start for the Bitcoin reserve planned to be created.”
According to experts, recent developments will lead to an increase in the interest of the upper income group in Bitcoin. In the future cryptocurrency marketIt is emphasized that it can enter a wider adoption process with regulations and innovations.
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.
