Cryptoquant’s analysts said that the cryptocurrency market was “cleansed” of unjustified expectations of investors, who suggested the rapid growth of bitcoin. According to the company’s experts, the first cryptocurrency has a chance to reach higher values ​​- but in the long run.

According to analysts Cryptoquantinvestors stopped accumulating bitcoins and began the distribution of assets.

“Bitcoin can still reach significantly higher values. The cost of financing unlimited contracts is relatively low and comparable to the level of summer 2024. The structure of the market supports the further development of the Bullran of the asset, ”the platform experts said.

According to analysts, in February the period of high volatility of bitcoin, which will subsequently replace the weakening of speculative moods among traders, is not excluded.

Thanks to the acceleration of the influx of large investors-legal entities and the change of moods towards taking risk on the crypto, a long and stable bull trend will be formed, analysts say.

Earlier, the head of the Alpha Strategies division of the Bitwise investment company Jeff Park said that the donald Trump Donald Trump for importing goods from Canada, Mexico and China will positively affect bitcoin quotes.