David Bailey, entrepreneur and Bitcoin advisor to US President Donald Trump, said there will not be another Bitcoin market for several years in an increasing institutional interest in the cryptography market.
But the four -year cycle indicates the opposite, and Crypto analysts told Cintelegraph that there were more than a few opposite winds that could land the markets.
This is the “first time that we have seen a real institutional purchase,” said Bailey in a Post X on Saturday.
“Each sovereign, bank, insurer, business, pension and more will owner Bitcoin. The process has already started seriously, but we have not even captured 0.01% of the total addressable market (TAM). We are going so much higher. Dream Big,” he added.
He declared that the previous institutional interest was only “aberrant values with marginal bets”.
Bailey, founder of Bitcoin and BTC Inc. magazine, was advisable during the Trump presidential campaign and is recognized to be a central figure in the president’s Bitcoin pivot.
Over the past two years, institutions have regularly acquired an exposure to the crypto thanks to investment vehicles such as the stock -up funds (ETF) and by establishing cryptographic treasury bills, with total assets exceeding $ 100 billion, manufactured mainly in Bitcoin (BTC).
Reasons for a crypto bear market
A June Capital Society (VC) Breed’s June report suggested that few of these cash companies would survive in the long term, which could trigger the next crypto bear market.
Addressing Cointelegraph, the co-founder of ZX Squared Capital and investment director, CK Zheng, said that the crypto is still strongly correlated with the stock market; If it slows down in a lower market, “Crypto will follow”.
Earlier this year, the stock market has almost slipped into a lower market, but according to Zheng, it has rebounded, and there have been several developments since this is reduced the chances of rehearsal.
“The question is for the rest of the year, whether the bear market occurs or not, and it is an interesting discussion, but my personal point of view is that it is probably unlikely, especially after the Fed has pivoted at reduced interest rates, and the speech of Jerome Powell last Friday,” he said.
“At the moment, this is one of the largest signals in terms of the Fed willing to reduce the interest rate, most likely in September, and it is probably the start of a low interest cycle, given the economic data and the softening of the labor market.”
Meanwhile, Pav Hundal, main analyst of the market at Australian Crypto Broker Swyftx, said the market was a risk and this supported a rotation in high parameters like Bitcoin and Ether (ETH).
However, he expects to see a replay in fixed income instruments at a given time.
“The path of the slightest resistance is higher for Bitcoin, but that does not mean that a bear market is in the years.
“Interest rate increases are politically difficult, but the market expects an increase in the next year, and this could be a catalyst for a correction.”
End in the markets of cryptographic bears a possibility
The last bear market was in 2022 and before that, in 2018. In both cases, a booming bullish market preceded the accident.
Ryan McMillin, co-founder and investment director of the Australian Investment Director Crypto, Merkle Tree Capital, told Cointtelegraph that the current basic case indicates a summit around the second quarter 2026, then “if and when global liquidity reversed at that time, probably triggering a relatively light bear market by mid-2026.
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“The lever effect relaxes with Bitcoin purchases powered by debt or a regulatory shock could trigger the slowdown,” he said.
“Direct access trading (DAT) and institutional markets add huge demand pools, but they also include risks, some of the date will be late, superimposed and not prepared for volatility that makes this class of assets so interesting, potentially the catalyst for the next bear market.”
McMillin said there is a possibility that there would be no lowering market, “similar to Gold Post when the ETF was launched in the early 2000s, because the assets were financial and was only for eight years.”
Another factor is the bullish market that precedes any bear market; Without a parabolic bullish market, there can be a deep and sustained bear market.
“Until now, this cycle has increased has been accompanied by consolidation periods, the lever effect is reset and the bullish market continues. If this structure persists, there is no lower market; there will be regular corrections, which are excellent purchasing opportunities,” added McMillin.
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