DUBAI / LONDON (IT BOLTWISE) – Bitcoin volatility remains a key issue for investors. Experts predict a decline of up to 70% in the coming years as debate continues over the relevance of the four-year cycle. Despite these uncertainties, some analysts expect that Bitcoin could surpass $1 million in the long term.
Today’s daily deals at Amazon! ˗ˋˏ$ˎˊ˗
Bitcoin volatility remains a key issue for investors and analysts. Vineet Budki, CEO of venture firm Sigma Capital, predicts that Bitcoin price could fall by up to 70% in the next few years. This prediction is based on the assumption that many traders do not fully understand the true nature and utility of Bitcoin, which creates selling pressure when prices decline.
Budki emphasizes that Bitcoin will not lose its usefulness even if the price falls to $70,000. The problem is that many investors view Bitcoin as a speculative asset without recognizing its long-term benefits. This view leads them to quickly sell off their holdings when the market becomes volatile.
Despite the expected declines, Budki remains optimistic that Bitcoin could reach $1 million in the next decade. This forecast is based on increasing acceptance and use of Bitcoin in real-world use cases that go beyond pure price speculation.
The debate over the relevance of the four-year Bitcoin cycle remains lively. Arthur Hayes, co-founder of the BitMEX crypto exchange, argues that macroeconomic factors such as interest rates and money supply growth now have a greater impact on Bitcoin price than cyclical patterns. However, there are voices that continue to see the traditional cycle as relevant, especially as institutional investors increasingly enter the market.
Seamus Rocca, CEO of crypto-friendly Xapo Bank, believes the four-year cycle remains relevant as many investors view Bitcoin as a high-risk asset. However, this perception could change as Bitcoin becomes more widely accepted as a store of value.
Order an Amazon credit card without an annual fee with a credit limit of 2,000 euros!
Bestseller No. 1 ᵃ⤻ᶻ “KI Gadgets”
Bestseller No. 2 ᵃ⤻ᶻ “KI Gadgets”
Bestseller No. 3 ᵃ⤻ᶻ “KI Gadgets”
Bestseller No. 4 ᵃ⤻ᶻ «KI Gadgets»
Bestseller No. 5 ᵃ⤻ᶻ “KI Gadgets”
Please send any additions and information to the editorial team by email to de-info[at]it-boltwise.de. Since we cannot rule out AI hallucinations, which rarely occur with AI-generated news and content, we ask you to contact us via email and inform us in the event of false statements or misinformation. Please don’t forget to include the article headline in the email: “Bitcoin remains volatile: experts expect a 70% decline”.
The post Bitcoin remains volatile: experts expect a 70% decline appeared first on Veritas News.
