Following the great interest created by meme coins, Bitcoin (BTC) experienced a loss of value after reaching historical peaks. However, it has shown a remarkable rise since the beginning of the year, with an increase of nearly 60%. After exceeding $73,000, BTC fell below $70,000, causing significant liquidations.
Bitcoin Price Movements
In an interview with CNBC TV, Cryptocom CEO Kris Marszalek stated that the price declines were due to activity in the options market and that volatility was low compared to previous cycles. It was reported that BTC, after falling from the level of $ 66,000, recovered and rose to $ 68,725 and was traded with a daily increase of 2.47%.
Long-Term Bitcoin Investments
Marszalek explained that the declines were a useful correction and prevented aggressive price increases by reducing overleveraged transactions. He emphasized that Bitcoin is a long-term investment tool and should be held for decades.
Bitcoin Expectations for 2025
Bernstein analysts predict that the value of the cryptocurrency market could triple in 2025, reaching $7.5 trillion. It is estimated that this growth will occur with institutional interaction. Marszalek stated that he supports this expectation and stated that the inflows from Bitcoin ETFs are effective.
Increase in Spot Bitcoin ETFs
Future expectations for Bitcoin ETFs are positive. JMP Securities states that spot ETFs could attract $220 billion in investments over the next three years, pushing Bitcoin's value to $280,000, increasing its market cap to $5.50 trillion.
PLEASE READ CAREFULLY FOR A GIFT OF 10 DOLLARS.
My friends, you know that we, the publishers, are doing everything we can for you here. We are informing you about the services and facilities offered to us by our authorities. I have never stopped supporting both the Cryptocurrency market and you as much as I could, and on the contrary, I am trying to provide more support.
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So who will benefit?
Our friends who have not activated the futures section yet, while activating your FUTURES trading section, you will earn 10 dollars when you open it by entering my reference code 88623008.
I EXPLAIN IN DETAIL.
My brothers and sisters who have become a Binance member without reference, please listen carefully;
When you do what I say, you will receive 10 USDT.
Enter the Futures Section from your application,
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My brothers and sisters who want to complete this transaction and receive the 10 USDT reward until FEBRUARY 14 can do so. After activating your account, all you have to do is open your first futures transaction.
So let me give you a tactic like this: Even if you open and close with a $10 transaction, you will be entitled to the reward.
However, even if you do this after February 14, your reward will not come. So get it done by February 14th. In fact, right now I say you can get it done in 5 seconds.
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WHEN WILL THE AWARD COME?
Your 10 dollar reward will arrive in the REWARD section of your Binance application after 14 BUSINESS days, starting from FEBRUARY 14. By activating it from there, you can use your reward of 10 dollars, or more than 300 liras, in futures transactions.
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BY THE WAY, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. IF YOU HAVE NOT FOLLOWED YET, DON'T FORGET TO FOLLOW. KIND REGARDS.