Recently, Rafał Zaorski, a prominent Polish trader, has stirred up significant debate on the Twitter platform. Zaorski is skeptical about the recent price movements of Bitcoin (BTC), suggesting that they may not mark the beginning of a bullish trend. Consequently, he anticipates further declines in the cryptocurrency's value in the upcoming months.

A few years ago, Rafał Zaorski gained fame as Poland's "leading speculator" by openly showcasing how he amassed millions in the financial markets. Within the Polish trading community, he has a mix of devoted supporters and critics.

Rafał Zaorski's Bearish Stance on Bitcoin

When Rafał Zaorski, recognized as one of the most influential Polish traders in the cryptocurrency market, expressed his views on Bitcoin via the Twitter platform, it sparked a flurry of activity within the Polish crypto community. While many in the market attribute the recent surge to $35,000 to a favorable decision regarding a Bitcoin spot ETF, Zaorski has a contrary perspective. He has taken a short position, indicating his belief that Bitcoin's price will decrease, and he expects this decline to occur relatively soon, with a plan to reevaluate his decision in over two months.

Following his controversial Bitcoin-related post, Zaorski posted another comment that further fueled discussions within the crypto community:

"Don't delete my comments under the last post at short at bitcoin 33800 btc because I want to laugh at the 'specialists' during the weekend," he wrote.

Market participants are likely to keep Zaorski's predictions in mind and closely monitor the value of Bitcoin. It's worth noting that earlier this year, this stock speculator forecasted a drop in USD/PLN to around PLN 4 by year-end. Currently, the Polish zloty is hovering around the price it had at the beginning of the second quarter.

Divergent Views Among Polish Crypto Influencers

Not all Polish crypto influencers share Zaorski's bearish sentiment toward Bitcoin. Phil Konieczny expressed optimism on the Twitter platform when Bitcoin crossed the $30,000 mark. According to Konieczny, understanding the current situation hinges on recognizing that "the market remains cyclical," indicating that the cryptocurrency world continues to follow established patterns and trends.

Additionally, Konieczny emphasized that only 185 days remain until the next halving, a reduction in supply. Could this be a critical factor for future growth? Historically, after each such supply reduction, the cryptocurrency's value steadily increased. Konieczny also highlighted that in the long run, Bitcoin looks more promising than many other cryptocurrencies (altcoins) from its lowest values. While Bitcoin experiences rapid price fluctuations in the short term, its growth compared to other cryptocurrencies remains noteworthy.

In his recent post, the Polish crypto expert advised against excessive greed in the market and highlighted the challenge of timing market lows:

"I wrote this post to make those greedy people aware that it is not worth waiting for 8, 10, or 12k. This was said to be cyclical, temporal, and percentage declines. The day after it started to grow. Many people criticized me, some of them have already deleted their comments. So I have a question. Are you still waiting for the 10k?