Equities plummet while Bitcoin remains steady – How this disparity might drive BTC to $100,000.

Bitcoin’s recent $90 billion pullback seems insignificant compared to the ongoing macro deleveraging cycle. A new surge may be imminent, catching the market off guard. Contrary to popular opinion, Bitcoin’s journey to $100,000 appears increasingly likely following the recent market downturn.

The US stock market has lost $11 trillion in market value since February 19, with over half of this decline happening after a key market event. This might be just the beginning of a larger market shift.

Meanwhile, gold prices peaked at $3,143 per ounce in Q2 before dropping nearly 3%, wiping out $520 billion in market value. In comparison, Bitcoin’s 5.17% correction from its $1.74 trillion valuation seems relatively minor.

Several factors could contribute to Bitcoin’s potential surge:

• Increased adoption: Growing institutional investment and mainstream acceptance could drive up demand.
• Regulatory clarity: Clearer guidelines and regulations might boost investor confidence.
• Market volatility: Bitcoin’s value could increase as investors seek safe-haven assets during times of economic uncertainty.

As the market continues to evolve, keeping a close eye on these factors and their potential impact on Bitcoin’s value is essential. Will Bitcoin’s resilience in the face of market volatility be enough to propel it toward the $100,000 mark? Only time will tell.

Long-term Bitcoin investors are buying more, showing they still believe in it.

• Long-term Bitcoin investors are accumulating more coins, showing strong conviction in the cryptocurrency’s potential.
• Short-term Bitcoin holders are selling, while long-term holders are buying, indicating a shift in market sentiment.
• Despite recent price drops, long-term Bitcoin investors are aggressively accumulating more coins, signaling strong conviction.
• Long-term Bitcoin holders are expanding their supply, while short-term holders are reducing theirs, reflecting a growing confidence in the cryptocurrency’s long-term potential.