A crypto analyst, bitcoin $101,794.5He said that long -term investors have almost completed their sales and that this situation could be pregnant with a number of BTC rise.
Decrease in sales pressure
InvestansWers’ owner, 560,000 Youtube subscriber, said that approximately 70 %of those holding BTC for 155 days or longer have completed sales transactions. This can prepare the ground for Bitcoin’s value in the near future.
Analyst said that Michael Saylor’s Microstrategy company and Spot Bitcoin Stock Exchange Investment Funds (ETF) purchase a total of $ 82 million worth of BTC, can increase the value of Bitcoin. He said that these investments could play an important role in reaching Bitcoin’s $ 175,000 per coin.
Bitcoin’s Future
Analyst expressed the following in his statements on the subject:
“If Saylor spends more than 40 billion dollars and ETFs spend more than 40 billion dollars, Bitcoin’s market value can reach $ 3.44 trillion, which means $ 175,000 per coin,”
“I believe that American ETFs will make at least 40 billion dollars and Saylor will spend at least 40 billion dollars. If this happens…, ”continued. “If these two players continue as they did last year and the sales pressure remains at the current levels, theoretically it is possible to reach $ 175,000,” he added.
Investor Opinions
The analyst’s predictions are carefully monitored among investors. Reducing the sales of long -term investors can create a positive atmosphere in the market.
These developments in the Bitcoin market offer significant clues to investors about future price movements. Investors continue to observe how large -scale investments can affect the value of Bitcoin.
Considering the current situation of the market and the predictions of analysts, Bitcoin can be expected to experience significant increases in the short term. However, comprehensive research is recommended before investing.
The future of Bitcoin will continue to be shaped depending on the movements and market dynamics of big investors. This process for investors has opportunities and risks.
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Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.