The Bitcoin market has been unusually volatile lately.
The current BVIV has dipped below 45, a level that has only happened a few times in recent years. In the past, this has often preceded a sharp price increase. For example, in September 2023, Bitcoin rose by about 50% after a similar decline.
Analysts at Ecoinometrics speculate that we may be witnessing a so-called “regime shift,” where Bitcoin gradually acquires the characteristics of an asset that can generate stable returns with smaller fluctuations – which also attracts large institutional investors. If this phase of low volatility persists, traditional sharp movements could be delayed, but historical data suggests that a bull phase could still be in sight
The short-term active supply of BTC recently increased from 4.36 million to 4.58 million, indicating that demand for Bitcoin is growing. The market absorbed 227,000 new BTC, either through new investors or rotation by long-term holders.
Recently, the Bitcoin market has been characterized by unusually low volatility.
The current value of BVIV has dropped below 45, which has only happened a few times in recent years. In the past, this situation often preceded a sharp increase in price. For example, in September 2023, after a similar drop, Bitcoin rose by about 50%.
Analysts from Ecoinometrics speculate that we may be witnessing a so-called "regime shift," where Bitcoin gradually acquires the characteristics of an asset that can generate stable returns with less fluctuation – which also attracts large institutional investors. If this phase of low volatility persists, traditional sharp movements could be delayed, but historical data suggests that a bullish phase could still be on the horizon.
Recently, there has been an increase in the volume of short-term active BTC supply from 4.36 to 4.58 million units, indicating that demand for Bitcoin is rising. The market has thus absorbed 227,000 new BTC, either due to new investors or rotation from long-term holders. #bitcoin #Binance $BTC
Analyst Peter Brandt predicts a 60% increase in price towards the level of $4.47 in the coming months.
Technical strategist Tony "The Bull" Severino even sees the possibility of a 333% increase in 40 days – an ambitious target using Elliott Wave analysis.
Standard Chartered and other institutional analysts estimate a realistic price range of $3.40–$5.50 by 2025, with potential growth above $6 if ETF approvals and other positive impulses are confirmed.
Changelly / GOV Capital expect a price around $4.78 in one year, and around $4.08 over five years.
What is your opinion on where this is heading? $XRP
Given that the cryptocurrency Init is not as well-known as Bitcoin, Ethereum, or Solana, I would like to ask about its specific use cases, technological background, and long-term potential. What are the main advantages of Init compared to other cryptocurrencies? Is it based on its own blockchain, or does it utilize an existing one? What is its consensus algorithm – Proof of Work, Proof of Stake, or something entirely different? Is there a strong community around this cryptocurrency that supports the project? And regarding security, auditing of smart contracts, and development transparency – are these aspects sufficiently covered? What is its practical use in the real world, and does it have real partners or integrations with platforms? I would also be interested in its tokenomics, how many tokens will be in circulation, and how they are distributed. Is Init a suitable choice for long-term investment?