Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Bitcoin’s Future Divides Traders and Investors as Optimism Grows

Bitcoin’s Future Divides Traders and Investors as Optimism Grows

CryptodnesCryptodnes2025/01/13 02:00
By:Cryptodnes

Bitcoin's recent price movement has exposed a sharp divide between cautious traders predicting further declines and optimistic long-term investors confident in Bitcoin’s potential.

David Siemer, CEO of Wave Digital Assets, notes that this divide is unprecedented. While traders remain nervous and hedge their bets, long-term holders and industry leaders are bullish. Siemer predicts Bitcoin could reach $200,000 within a year and believes it might hit $1 million in the future, citing growing global developments in favor of cryptocurrency.

Several countries, including the U.S., Japan, and Singapore, are planning pro-crypto policies aimed at benefiting their economies. These measures, combined with the success of U.S. Bitcoin ETFs, are prompting financial institutions worldwide to explore new crypto investment products. Siemer believes regulatory environments, particularly in Europe, may become more accommodating, further accelerating adoption.

Strategic Bitcoin reserves are also a possibility. Siemer revealed that discussions are underway with multiple U.S. states about holding Bitcoin, while the federal government, already in possession of $19 billion worth of Bitcoin, could simply retain its holdings as a strategic asset.

READ MORE:
Bitcoin Could Skyrocket if Governments Embrace It as a Reserve Asset, Says Bitwise

Despite short-term volatility, analysts remain optimistic. Firms like Grayscale attribute Bitcoin’s current dip to macroeconomic pressures, including a strong U.S. dollar and Federal Reserve policies. However, with a pro-crypto environment on the horizon, long-term prospects for Bitcoin remain robust.

0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

New spot margin trading pair — HOLO/USDT!

Bitget Announcement2025/09/12 07:46

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA2025/09/12 06:14
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA2025/09/12 06:14
OPEN has dropped by 189.51% within 24 hours during a significant market pullback

New spot margin trading pair — LINEA/USDT!

Bitget Announcement2025/09/11 10:04