Bitcoin to Experience Decreased Volatility in the Near Future
Bitcoin investors may have something to look forward to in the near future. Fred Thiel of Mara believes that the days of seeing huge price drops of 20 to 30% after Bitcoin peaks are behind us. This change is thanks to increased demand from institutions, which could lead to a more stable and upward trend in the price of Bitcoin moving forward.
Thiel’s optimistic outlook suggests that the cryptocurrency market may be maturing, with institutional investors playing a more significant role in stabilizing prices. This shift could potentially reduce the extreme volatility that Bitcoin has been known for in the past.
Investors will be keeping a close eye on how this trend plays out in the coming months, as Bitcoin continues to gain mainstream acceptance and adoption. So, it might be a good time to stay informed and keep an eye on where the cryptocurrency market is headed.
