What’s the Status of Bitcoin in the Bull Market? Experts Weigh in on BTC!

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What’s the Status of Bitcoin in the Bull Market? Experts Weigh in on BTC!

CryptoQuant CEO Ki-Young Ju has noted that while he expects limited price corrections in the current Bitcoin bull market, spot Bitcoin ETFs and institutional purchases are adding stability to the market. These insights suggest that Bitcoin may rise steadily without the sharp fluctuations seen in previous cycles. Fundstrat Global Advisors Founder Tom Lee forecasts that Bitcoin could reach $250,000 by 2025, basing this prediction on increasing institutional interest and government policies supporting cryptocurrency.

Ju anticipates that price corrections will remain limited due to spot Bitcoin exchange-traded funds (ETFs) and ongoing purchasing activities by institutional investors. He states that unlike past sharp fluctuations, this cycle appears to be more stable, with spot Bitcoin ETFs creating significant buying pressure that prevents price declines. Ju emphasizes that the entry of large financial institutions into the Bitcoin ETF space is increasing demand and contributing to market stability. The presence of institutional investors with not just speculative but long-term perspectives is reducing volatility, fostering a more sustainable growth environment, which could lead to a more stable appreciation of Bitcoin's value.

Cosmo Jiang from Pantera Capital expresses that investment strategies in the crypto markets will evolve based on fundamentals. Traditionally dominated by individual investors, these markets are now becoming more balanced with corporate investors assessing technology, adoption rates, and real-world use cases. Jiang notes that this shift will allow markets to attract more capital and show more structural growth.

Highlighting the competition between Ethereum and Solana, Jiang points out that Solana threatens Ethereum's market share due to its technical advantages. He emphasizes that altcoins have significant growth potential if blockchain adoption increases. This change sets the stage for cryptocurrencies to gain wider acceptance and expand their areas of use.

Fundstrat Global Advisors Founder Tom Lee predicts that Bitcoin could reach $250,000 by the end of 2025. This projection stems from rising institutional interest and cryptocurrency-friendly policies from the U.S. government. The White House is enhancing market confidence and encouraging investors by adopting regulatory frameworks that support cryptocurrencies. Lee states that these developments are critical for Bitcoin's long-term growth. The limited supply of Bitcoin and increasing demand position it as a hedge against inflation and geopolitical risks. According to Lee, as Bitcoin approaches the status of digital gold, it strengthens its role within the financial system and becomes an attractive option for investors.