Bitcoin of four years (BTC) The market cycle of the training of new heights of all time followed by deep corrections is not dead, unlike popular belief, according to the CEO of Xapo Bank, Seamus Rocca.
In an interview in Cointelegraph, the CEO declared that the risk of Prolonged bear market is always very real and does not need a “cataclysmic” event to trigger it. Things as simple as a general slowdown in news, developments or rebalancing of routine wallet could cause the next deception across the market. He added:
“We all want to think that Bitcoin is a cover of inflation, and I think it will be this cover of inflation one day. But I’m not sure we are still there. I always see it as an asset at risk.
“The contagion effect could be as simple as there is no news on the market”, causing the “cryptography sector”, in an organic and developed process, added the CEO.
Some bitcoin investors, industry executives and cryptography market analysts say that the The four -year market cycle is dead or moved to the point where Net and prolonged cyclical corrections No longer is probably due to the presence of institutions and the maturation of crypto as a class of assets.
Institutional purchase will not save the historic trend markets
“So many people say:” Oh, the institutions are there and, therefore, the cyclical genre of the nature of Bitcoin is dead “. I’m not sure I agree with that, “Seamus Rocca told Cointelegraph.
The point of view of the CEO has been taken up by others in industry, including The educator and analyst Bitcoin Matthew Kratter and the author of “The Bushido of Bitcoin”, Aleksandar Svetski.
https://www.youtube.com/watch?v=hb0z1ti8uys
“Human psychology will never change. Cycles have nothing to do with Bitcoin and everything to do with people. The same boom and the same crash will happen this time job.
Others, such as the risk of venture capital (VC), warn that Bitcoin cash companies have been able to Spark the Next Bear Market.
However, analysts of the company VC also said that contagion could be limited if most of these cash companies continue to finance their Bitcoin purchases mainly through equity rather than debts.
Review: Bitcoin vs stablecoins.
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