Bitwise CIO: In the past, people would worry about BTC falling back to zero, but now this worry no longer exists
Matt Hougan, the Chief Investment Officer of Bitwise, posted on X platform stating that Bitcoin has now gained "value" buyers. One of the reasons why Bitcoin has experienced such dramatic corrections in the past is because every time BTC starts to correct, people worry that it will drop to zero dollars. This concern no longer exists and more and more investors are looking for entry points. Of course, the market has not eliminated volatility, but it is indeed believed that the severity of corrections has decreased.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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