The behavior and dynamics of Bitcoin and the possible reaction to the 'noise' made by figures like Musk and Trump is quite interesting and raises important points about the future of the cryptocurrency market. Let's break down actions and events so far:
The Counter-Reaction of BTC:
What can be perceived is that the counter-reaction of Bitcoin may have surprised some and is plausible. The resilience demonstrated by BTC, even after statements or events that could be interpreted as negative, suggests growing maturity and a more convinced base of investors. The drop from $88,500 to $81,000, as observed, can be seen as a natural correction within the inherent volatility of the crypto market, and not necessarily a sign of panic or massive devaluation.
The 'Bitter Medicine' for the Dollar:
The idea that attempts to devalue Bitcoin to strengthen the dollar may have a reverse effect, amplifying the American crisis and strengthening the crypto world, is a hypothesis that deserves attention. The growing adoption of cryptocurrencies as a store of value and an alternative to traditional financial systems could, in fact, reduce global dependence on the dollar in the long term.
Lower Fluctuations and Store of Value:
Your suggestion that BTC may be entering a phase of lower fluctuations, with more investors (including private and governmental institutions) adopting it as a reserve fund, is a trend that many analysts are already observing. The accumulation of Bitcoin by large players tends to reduce the available supply in the market, which, in turn, may stabilize the price and make it less susceptible to large speculative fluctuations.
Supply Scarcity and Appreciation:
The perspective that the market will begin to tighten the supply of Bitcoin, leading to an upward adjustment of prices, is a logical consequence of growing demand and limited supply. The halving, institutional adoption events, and the perception of BTC as a scarce asset contribute to this dynamic.
The Future of Altcoins:
In the near future, it will be the turn of altcoins, due to an already scarce BTC and where the price is unaffordable for the vast majority. The market will eventually focus on 'useful' projects with solid fundamentals, which is also shared by many in the crypto community. It is believed that, with the maturity of the market, there will be a natural selection, where projects with innovative technology, real use cases, and engaged communities will tend to thrive, while purely speculative projects may lose relevance.
In summary, the market points to a scenario where:
Bitcoin demonstrates resilience and may be entering a phase of greater stability as a store of value.
Attempts to weaken BTC may inadvertently strengthen the crypto ecosystem and challenge the dominance of the dollar.
The supply scarcity of Bitcoin, driven by accumulation, may lead to continuous long-term appreciation.
The altcoin market tends to refine itself, focusing on projects with real utility.
THE GOOD THING IS THAT INVESTORS WILL ADAPT TO NEW REALITIES. THE FOCUS AT THE MOMENT IS BTC, AND SOON IT WILL BE THE TURN OF ALTCOINS AND ETFs, ESPECIALLY THOSE LINKED TO BTC.
