Recent discussions on the platform X brought attention to experts' opinions about potential changes in the Bitcoin market, including the possibility of price corrections.
Discussion on Bitcoin's Four-Year Cycles
Bitcoin maximalist Pierre Rochard stated that the four-year cycles of Bitcoin are likely over. He pointed out that 95% of BTC has already been mined, making halving events trivial for trading volumes. Additionally, he stressed that the current demand for Bitcoin is primarily driven by retail investors and ETPs rather than new capital inflows.
Expected Correction and Expert Opinions
Max Keiser, a financial journalist and Bitcoin advisor to the President of El Salvador, commented on Rochard's views, expecting a potential major price correction for Bitcoin. He posits that this is likely to be triggered by the expanding market for leveraged Bitcoin derivatives. According to him, "the expanding market for Bitcoin-related leveraged derivatives may be where the next major correction might spring from."
New Acquisitions by Strategy
Michael Saylor's treasury company, Strategy, recently announced the acquisition of 155 Bitcoins for approximately $18 million. This purchase is smaller than the previous multi-billion dollar transactions, but it indicates that Strategy continues to actively build its positions. The company now holds a substantial 628,946 BTC valued at around $75.75 billion.
Expert opinions on Bitcoin point to potential market instability driven by both investor actions and changes in trading structures. Professionals continue to monitor the situation, watching for shifts in demand and price dynamics.