Friday’s crypto market market can really mark the first stages of a bull run, a crypto businessman said.
“I think there’s a very high chance this is the start of the bull market,” Crypto businessman Alex Becker Says In a video published on YouTube last Saturday.
“I think sale now may be the most delicious thing you can do,” Becker said. Jan3 founder Samson Mow shouted a similar emotion to an x post on the same day, saying“It’s time for Bitcoin’s next foot.”
Becker’s comments came after the Crypto market wipeout on Friday that eclips every previous collapse, like Bitcoin (Btc) dropped more than 10% to $ 102,000 following Trump’s 100% tariff in China’s announcement. The $ 19.31 billion in exterminations is more than ten times the losses Detected during the Covid-19 crash ($ 1.2 billion) and FTX collapse ($ 1.6 billion).
The Crypto Market Wipeout “I -Reset everything”
Crashing sent shockwaves through the global crypto community, but Becker called it a “huge overreaction,” saying that significant prevention was “just reset everything.”
Becker argued that entrepreneurs failed after Bitcoin’s rallies within a year while the rest of the crypto market was caught.
“I think it’s about to change,” he said. “It pushed people into insanity, and you saw market makers just pulled the levers and down,” Becker said, and added:
“Everything they do in the market will get a lot of three to four times, because people don’t just f ## King wait a few months to get the acquisitions they need to get.”
According to Becker, the sharp correction has been slightly driven by “all -time impatience” to investors over the past few weeks.
Bitcoin’s price to climb short -term, analyst says
Bitcoin reached a new high $ 125,100 on Monday but still has not dropped the $ 250,000 end of the year’s targets that were predicted earlier in the year names such as Bitmex co-founder Arthur Hayes and unchained market research director Joe Burnett.
Related: Crash on the market ‘does not have long-term basic implications’-analyst
Crypto analyst Benjamin Cowen shares the same optimism as Becker. “I still think of the short -term this continues to climb,” Cowen Says of Bitcoin, which teaches Bitcoin’s dominance that recovered 60% on Friday.
Economist Timothy Peterson was more careful, telling Cointelegraph on Sunday that Bitcoin was likely to enter three to four weeks of “cooler” before the asset resumed its rally. “But maybe at slower speed than ever before,” he said.
The wider industry is more skeptical, with the fear and greed of the crypto Indexthat measures the general sentiment in the crypto market, posting a “intense fear” score of 24 in the update of its week.
Magazine:Delayed
