Bitcoin (BTC) has retreated prices to climbing “commercial wars” but shows greater resistance than the stock market. So investors such as Uttam Dey, who is also an investment analyst, have revealed that they are currently buying.
President Donald Trump said new US import taxes The underprivileged world tradeDey argues in a recent report. The results show that it “caused a bearish trend in animals in markets around the world.”
“There was no place to hide, and almost all of the assets in the class ended with a red number last week,” the analyst said. In this regard, Bitcoin was also affected, but not as much as other assets.
As highlighted in the following graph, Bitcoin was a kind of asset with the best performance last weekreturning to investors 1.6% on previous weekly closures.
And while this week it fell to a minimum of USD 74,000 since November, the US bags have been backed up at a longer price since January 2024 as the next graphic frame.
“I’m still very optimistic about Bitcoin,” Day said before this performance that, in his opinion, he still reflects his purchase opportunity. This has led him to announce that he is increasing his position at current prices.
For specialists, it is worth noting that Bitcoin is demonstrating in the face of all classes of assets at such a chaotic moment due to global trade.
According to Dey, The description of BTC’s performance is the range of positive catalysts surrounding itfrom a regulatory environment that makes it more accessible to markets, to a global liquidity that continues to grow despite global tensions.
It says it will strengthen the perspective and adoption of this asset through institutional investment and aggressive regulatory development, including the creation of the US government’s Bitcoin Strategy Preparation and withdrawal of judicial cases in the industry.
As an important additional factor, he points out That world’s fluidity is still growingas reported by Cryptootics, with an increase in supply M2. This metric that can be seen next is a measure of money in the global economy.
That increase means more money in the economy, “supporting price stability and potential for Bitcoin growth despite economic uncertainty,” experts explain.
“Global liquidity is very important for Bitcoin as it is an asset class at the end of the day. A class of unstable assets. And most asset classes, especially risky assets, follow the general rules.
Uttam Dey, investment analyst.
Dey expects greater liquidity and a rise from Bitcoin
His gaze shows that the great impulse for global fluidity is that the Federal Reserve, the US central bank, will begin slowing down the rhythm of reducing balance and is expected to be completed in 2019.
It is expected that the end of this program will generate a Improved fluidity. “This is one of the main reasons why I believe that Bitcoin’s perspective remains solid,” he says.
“I think this is why cryptocurrency-backed risk financing for new companies has increased by 50% this year to around US$18,000 million,” he said.
Various companies are taking part in the trend of purchasing Bitcoin As a strategic asset for your Treasury. The latest to join this list was GameStop, a company with more BTC, following the strategy of the strategy.
According to Dey’s opinion, risk capitalists will not fund new companies in the sector unless their perspective on the Bitcoin and the cryptocurrency industry is solid.
Despite his optimistic vision, Dey warns that his analysis is based on the assumption that there is a massive economic shock. He points out that if commercial policy has a major impact on spending and economic growth, he should reevaluate his forecast for Bitcoin. But he made it clear that for now this is not his basic case.
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