The four -year Bitcoin (Btc) The cycle of the development market of new all-time highs followed by deep correction is not dead, contrary to popular belief, according to Xapo Bank CEO Seamus Rocca.
In an interview with cointelegraph, the CEO said the risk of a long bear market is very real and does not require a “cataclysmic” event to be able to control it. Things that are as simple as a general slowdown in news, development, or regular portfolio rebalancing can cause the next collapse to the market. He added:
“We all want Bitcoin to be an inflation fence, and I believe it will be the hedge of inflation one day. But I’m not sure we’re still there. I still see it as a danger property.
“The effect of the contagion can be as simple as there is no new market news,” causing the crypto sector to “run out of steam,” in an organic, drawn process, the CEO added.
Some investors in Bitcoin, Executive Executive, and Crypto market analysts Say That is Dead four -year market cycle or move to the point where sharp, long -term correction of cycle is not likely due to the presence of crypto institutions and maturation as an asset class.
Institutional purchase does not save markets from the historical trend
“Many people say, ‘Oh, here are the institutions, and, therefore, the cycle of nature of Bitcoin nature is dead.’ I’m not sure I’m going there, ”Seamus Rocca told Cointelegraph.
The CEO’s view is that —echoed by others in the industry, Includes that Bitcoin and analyst mentor Matthew Kratter and with “The Bushido of Bitcoin,” Aleksandar Svetski.
https://www.youtube.com/watch?v=HB0z1TI8uys
“Human psychology will never change. The cycles have nothing to do with Bitcoin and everything to do with people. Both boom and crashing will happen at this time,” Svetski wrote on a June 15 x Post.
Others, such as firm breed of venture capital (VC), Warning That overleveraged bitcoin treasury companies may Spark the next bear market.
However, analysts at the VC firm also said that the Contagion could be limited if most of these Kabi companies continue to financially their purchase of Bitcoin especially through equity rather than debt.
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