The Bitcoin market has always been known to move in cycles, with long periods of positive price action often followed by downwards of movements. However, the BTC cycle theory has been proclaimed “dead” and expired by various segments of the cryptographic community in recent weeks.
In the various analyzes of cyclic theory, analysts have often attributed the recent change in market dynamics to the new era of institutional involvement through funds negotiated in exchange (ETF). The latest assessment of the new market structure suggests that new institutional players could also play a role in the arrival of the next bear market.
Why the new corporate entrants could inaugurate the next bear market
In a new article on the X social media platform, Crypto Burak Tamac analyst explained how new Bitcoin business buyers could be behind the next Bitcoins market. The Crypto Pundit made this assertion in response to a revelation by the expert in finance Lyn Alden on the current position of the company of the intelligence intelligence intelligence on the BTC market.
Alden shared a key to remember from an interview with the president of Strategy, Michael Saylor, who revealed that the company could always comply with the obligations (such as the favorite dividends) after even up to an 80% correction for the Bitcoin price. The financial expert said that Saylor recognized that only a deeper correction could make potential challenges.
Saylor said on Livestream:
I think that our structure is fluid and we will not miss a single dividend payment in a draw of 80%. During a print of 90 to 95%, in theory, you could suspend something for a little time, but you would end up getting back.
Tamac has revealed that strategy market positions are somewhat sure as long as the Bitcoin price never returns to $ 22,000. According to the Crypto analyst, this is another story for other companies, because they are relatively more recent on the market and their acquisition prices are higher than those of the strategy.
Unlike Saylor’s strategy, which made its first purchase before 2020 Bull Run and survived the 2022 bears season, Tamac revealed that new companies have acquired their first BTC at prices closer to the summit. Consequently, Tamac estimates that new institutional entities are more likely to inaugurate the bitcoin market because of their increased propensity to capitulate whether the price of the first price of the cryptocurrency testifies to a sharp decline.
Bitcoin Price at a glance
To date, the price of the BTC is around $ 112,860, not reflecting any significant movement during the last day. According to Coingecko data, the market leader is down more than 4% in the last seven days.
The price of BTC on the daily timeframe | Source: BTCUSDT chart on TradingView
Istock star image, tradingview graphic
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