SECOND PART OF THE ANALYSIS:
The adoption of BTC by major financial players also opens doors to a second phase in the market, and this is taking shape with the change of administration in the government of the United States, as the new officials, starting with the president himself, are all pro-crypto. In this line of thought, new regulations for cryptocurrencies are expected to emerge starting in 2025, where new rules will be defined to integrate the ecosystem into a possible mega adoption of the market in general. It is there where all the progress BTC makes until then, combined with new regulatory projections, will provide the space for what I believe will be one of the most explosive and brutal altcoin seasons ever seen in the history of the industry. This will lead to a cascade of millions of dollars entering the altcoin market in all projects that add value according to their particular narratives. It is in this scenario where projects with stronger fundamentals, like Theta, will experience a parabolic movement explosion that will take the price to new highs. In this scenario, Theta will initially rise, likely due to speculation, but it may transition to sustained growth through adoption owing to the innovative project in the video streaming sector that Theta offers. It is here that the market in general will find itself at new price levels; that is, the current value of each altcoin like POLKADOT, ICP, THETA, SHIBA, among others, reflects the current market conditions and all the adverse regulations that led the market into a crypto winter during the Biden administration, Gary Gensler, among others, with excessive taxes like those in Italy and various parts of Europe, and prohibitions as occurred in China. All these factors have led to the current conditions and prices of each crypto, but with the massive adoption of BTC worldwide, regulatory changes in various parts of the world create new conditions for the market, leading to prices in altcoins that adapt to this new reality.