Cryptocurrency analyst Blockchain has made a bold prediction that the next Bitcoin bull market will reach $100000 to $150000, which will be the last opportunity from this groundbreaking cryptocurrency.In a recent Twitter post, Blockchain DB explained their controversial argument that Bitcoin is approaching its peak inflation stage before returning to more mature settlement
Cryptocurrency analyst Blockchain has made a bold prediction that the next Bitcoin bull market will reach $100000 to $150000, which will be the last opportunity from this groundbreaking cryptocurrency.
In a recent Twitter post, Blockchain DB explained their controversial argument that Bitcoin is approaching its peak inflation stage before returning to more mature settlement.
Regulatory review and market evolution
The increasing popularity of Bitcoin has not been ignored by governments around the world, which has led to strengthened regulatory scrutiny. The regulatory environment is constantly changing, attempting to exert control over the emerging cryptocurrency market. The reasons behind this regulatory intervention are usually attributed to preventing fraudulent activities and fraud in the cryptocurrency field.
Blockchain believes that multiple factors will end the rapid growth of Bitcoin between 2024 and 2025. The government's promotion of CBDC and suppression of cryptocurrencies, the debt burden that hinders economic development, and the maturity of Bitcoin's own market cycle will stifle the opportunity to operate at 1000%.
Essentially, those who miss the upcoming rebound will never have equal opportunities to create wealth from Bitcoin in their lifetime. The window of exponential growth is rapidly closing.
Market cycle and economic pattern
All cities will experience the Juglan cycle, reflecting the natural ebb and flow of economic activity. The current economic situation is far from strong, and not only the North American market, but also the Chinese economy and several other global economies have experienced turbulence.
However, the upcoming 2024 elections and the expected economic recovery next year may create a false impression of economic stability. The combination of peak BTC, rising debt, and a fragile economy may trigger a collapse, with BTC experiencing significant impacts.
For cryptocurrency enthusiasts, this is a thought-provoking viewpoint. But even the most fervent Bitcoin believers acknowledge that as adoption rates saturate, the extent to which their prices can reasonably rise will ultimately be limited.
(Personal opinions do not constitute suggestions)
Those who like you will also be liked in the future.
If you like it, please follow and bring more articles in the future,
Thank you for reading. See you next time!
Disclaimer: The content of this article is sourced from the internet. The copyright of the text, images, and other materials belongs to the original author. The platform reprints the materials for the purpose of conveying more information. The content of the article is for reference and learning only, and should not be used for commercial purposes. If it infringes on your legitimate rights and interests, please contact us promptly and we will handle it as soon as possible! We respect copyright and are committed to protecting it. Thank you for sharing.(Email:[email protected])