Latest Developments in the Bitcoin Market
James van Straten stated that Bitcoin's market structure is being repriced alongside gold. In this context, he expects Bitcoin to show a slow ascent. Van Straten predicted that with stable ETF flows, 10-20% pullbacks could occur. He compared this situation to gold prices in the late 1990s and early 2000s.
Michaël van de Poppe's Views
Michaël van de Poppe considered levels below $107,000 as a buying zone. He stated that bottom buyers could enter here. He also suggested that if the $112,000 level is surpassed, significant altcoin flows could begin. In this regard, the $112,000 level stands out as a critical threshold for buying or selling decisions.
Peter Schiff’s Criticisms
Peter Schiff questioned Michael Saylor’s Bitcoin treasury strategy for his company. Schiff argued that gold’s market depth would result in multi-billion dollar exits having less market impact compared to Bitcoin. He stated that this situation could have negative effects on prices for large Bitcoin holders.
Current Situation and Technical Analysis
According to CoinDesk Research data, Bitcoin consolidated within a band of approximately $692. On September 27, support levels around $109,400 were retested, but the $109,750 resistance prevented a move above this level. If a close above $109,750 occurs, a move towards the $110,000-$111,000 levels is expected. However, if it falls below $109,400, the next support point will be $109,150.
⚖️ Yasal Uyarı:Bu içerik yatırım tavsiyesi niteliği taşımaz. Yatırımlarınızla ilgili kararlarınızı kendi araştırmalarınız ve risk profilinize göre almanız önerilir.
Bitcoin, Peter Schiff, Michaël van de Poppe, gold, ETF, cryptocurrency
İlginizi Çekebilir
.png)