One analyst is confident that Bitcoin (BTC) will be more resilient than ever in future crashes. Taking to X, the analyst said that the world’s most valuable coin will not fall below $100,000 in the next crypto winter.
Bitcoin Will Be More Resilient In The Future
This optimistic outlook hinges on a key factor: the recent approval of spot Bitcoin exchange-traded funds (ETFs) by the United States Securities and Exchange Commission (SEC). This product, the analyst said, represents a significant shift, introducing a “permanent institutional bid” for Bitcoin.
With Wall Street now open to diversifying into Bitcoin, aiming to ride the trend, the stream of institutional demand would make the coin more robust even if prices overheat in the future.
The analyst argues that this “permanent” demand is a powerful buffer against price drops. While future bear markets are inevitable, the presence of institutional buyers will reduce the severity and duration of these downturns.
Accordingly,
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