The cryptocurrency market is divided: some talk about the risks of a deep correction #Bitcoin , others - about a good opportunity to buy at reduced prices. Let's consider the arguments of both sides.
For "all gone":
🔴 Bitcoin reached the goal of a four-year cycle, breaking a price record.
🔴 The graph shows a "double top".
🔴 Long-term holders fix profits.
🔴 Investors leave from #ETF .
🔴 Old coins "awakened".
🔴 Bitcoin is sold by the US and German governments.
For "bai ze dip":
🟢 Consolidation of the status of an investment asset through the authorization of spot ETFs.
🟢 Record institutional interest.
🟢 Growth of money supply M2.
🟢 Global institutionalization of cryptocurrencies (MiCA law).
🟢 Outflow from crypto exchanges to cold wallets.
🟢 The appearance of companies with reserves in Bitcoin (Metaplanet).
🟢 Growing number of Bitcoin hedge funds.
Arguments for selling are short-term, and arguments for buying are long-term. Most important is the growth of the money supply M2, because Bitcoin, with a limited emission, protects the value. Central banks start the printing presses again. Bitcoin and cryptocurrencies in general are highly volatile, with Bitcoin down 26% this cycle and past corrections of at least 30%.
