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How to Identify Daily Bias in Trading? Tips for Day Traders. part1
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Daly, Chairman of the Federal Reserve and the unofficial voice of Jerome Powell, made an important statement regarding the role of cryptocurrency. He emphasized that crypto should not be seen as a currency, but rather as a separate asset class altogether. In his view, Bitcoin competes with gold rather than the dollar, as the dollar’s value is determined by economic factors, not market demand, unlike Bitcoin, which is directly influenced by changing demand. $BTC
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According to James Butterfield from CoinShares, Bitcoin could experience significant growth in 2025, with its price predicted to fall between $80,000 and $150,000. This projection is heavily influenced by Donald Trump’s promises to ease cryptocurrency regulations. If Trump follows through on these commitments, Bitcoin’s price could soar to the higher end of the forecast, but if not, it could drop to $80,000. Looking ahead, Butterfield believes $BTC market capitalization could grow from 10% to 25% of gold’s value, pushing the price of Bitcoin up to $250,000. However, this milestone is expected to take more time. Other analysts are slightly more optimistic, predicting Bitcoin could hit $200,000 by 2025. #BTC走势分析
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