According to ChainCatcher, the CEO of Custodia Bank predicts that Wall Street will financialize Bitcoin and Bitcoin will see the largest short squeeze in human history. It is expected that the Bitcoin market will see a "roaring" bull market before the US presidential election. Although the price is falling now, the fundamentals still look strong.

She also added that after each Bitcoin halving, the BTC price always drops because miners are unable to maintain their operations and liquidate their BTC holdings. She predicts that the Bitcoin price will rise sharply in October.