Is the right time now to buy Bitcoin?

Is the right time now to buy Bitcoin?


The latest decline in the Bitcoin course below $ 100,000 could have a discouraging effect, especially after the increase to $ 109,000 at the beginning of this year.

While the short -term volatility has scared some investors, others see this moment than a rare opportunity – possibly the last – before the cryptocurrency rises permanently in higher realms.

Behind the scenes, two powerful trends change and quietly change the role of Bitcoin in the global financial landscape: its transformation to long -term protection and its growing importance in national politics.

From hype to hedge

In January, Bitcoin was on a high -altitude flight due to optimistic forecasts, and it was even spoken of a doubling until the end of the year. Then came a wave of new tariffs – triggered by political change of course in the White House – that brought the markets into the spin. Bitcoin initially reacted like a technology share and crashed into the share prices in line with the stock prices, whereupon the mood of the investors quickly cooled down.

But then something unusual happened. Instead of staying on a roller coaster ride, the Bitcoin course stabilized. For weeks he commuted around the $ 85,000 and thus showed a resistance that triggered a change in perception. Instead of being just a speculative bet, Bitcoin began to resemble a digital form of gold: scarce, stable and increasingly considered a value -made memory in uncertain times. Hedge funds have recognized this first, and now private investors are moving in-which is reflected in renewed tributaries in Spot-Bitcoin ETFs.

A strategic asset arises

Meanwhile, Bitcoin is of importance as an instrument of national interest. In March, the US government presented its strategic Bitcoin reserve, which is based on the concept of strategic oil reserves. Several states – including Texas and North Carolina – follow this example with their own reserves of digital assets.

This new position culminated in a summit in April in a summit in April, in which experts discussed the role of Bitcoin in global dynamics of power. Some countries, especially emerging countries, are now checking the establishment of their own bitcoin reserves. There is even speculation about a digital arms race between the USA, Russia and China.

The fire is heated by a proposal to use customs revenues for the direct purchase of Bitcoin – which could offer the government a household -neutral way to expand their stocks without new taxes. If this is implemented, this could mean a turning point for the institutional legitimacy of Bitcoin.

outlook

Since both the public and the private sector are heading for a long -term introduction, the path of Bitcoin seems to be increasingly anchored in macroeconomic trends. If this trend continues, prices under $ 100,000 could soon be history – and for those who are still hesitation, this could be the last call.


Telegram





Source link

Jayd Johnson

Leave a Reply

Your email address will not be published. Required fields are marked *