Bitcoin (BTC) $83,528.25 price Volatility is expected to increase at 84.100 dollars at the time of preparing the article. The XRP Coin price was the winner of the day in the midst of the explanations that the case ended. However, it is difficult to talk about a real turn of Altcoins in general. So what are Hougan’s expectations?
Bitwise Crypto Investment Note
Bitcoin Price Referring to his movements, Matt Hougan talks about annoying performance in the moments of crisis. We saw this in the period when the Fed started to increase the interest rates as inflation rises. BTC In those days, he could not play as a means of protection from inflation. Today, unfortunately, it cannot show the desired performance to escape the risk.
“People buy Bitcoin as a risk protection, but when the markets fluctuate, Bitcoin tends to retreat in the short term.
On a single screen instant prices, important data, news, latest developments, comments and discussions at Chat! Come right away from your eyes!
We saw this last week; Increased concerns about customs tariffs triggered sales in stock markets and Bitcoin. My colleague Juan examined all the situations in which the S&P 500 has fallen more than 2 %in one day in the last decade. On average, during these retreats, Bitcoin actually fell more than 500 more than 500 – roughly decreased 2.6 %. ” – Hougan
The more the window you look at is, the more meaningless you see. What is seen in this research is that if you continue to invest after the decreases or buy more, you can perform much better (regular).
“On average, in the year following this sharp retreats, Bitcoin rose to a shocking rate of 190 %and showed better than all other assets.
Bitwise is still advocating the idea that BTC will reach $ 1 million in 2029 and stated in the last note.
Tariffs and Crypto Coins
We are experiencing the effects of the tariff tariff discussions on the price of Bitcoin that trigger economic uncertainty. Matt Hougan also addresses this and shares the latest assessment by Nydig;
“BitcoinWhat does it have to do with tariff battles? Nothing is except that it is a 24/7 processing, high liquidity, globally accessible asset. Bitcoin will benefit from the increase in political and economic disorder created by the administration. ”
Nydig argues that tariffs create a short -term challenge for Bitcoin and other liquid assets by injecting uncertainty to the market, which increases the perceived risk and discount factor. However, Hougan considers Bitcoin as a means of protecting against political and economic uncertainty in the long run, and the decline in the short term is in the long term.
Brn analyst Valentin Fournier, on the other hand, referred to the description of the presidential crypto working group Executive Group Executive Director Bo Hines, who recently made, said, uz We want to save as much bitcoin as much as possible without requiring the contributions of taxpayers ”.
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.
