K33 Research: Bitcoin Strengthens Its Position Amid Global Risks
Analysts at K33 Research noted Bitcoin's resilience during the April correction and emphasized that the fundamental factors of the first cryptocurrency remain stronger than those of stocks. In their opinion, the potential formation of a strategic reserve in BTC, combined with the possible negative impact of tariff policies on the economy, creates conditions for Bitcoin's strengthening.
Experts also reminded that by the end of July, the deadline for developing a regulatory framework for digital assets in the USA is approaching, as well as the assessment of the idea of creating a national cryptocurrency reserve. This event could lead to increased volatility in the market.
An additional positive signal was the completion of the wave of liquidations of short positions, which contributes to stabilization and creates conditions for the market to transition to the 'hodling' phase. Support above the $80,000 mark also indicates investor confidence in the medium term.
