Bernstein analysts believe that Bitcoin's current decline is more resilient than those seen during previous crises. Analysts cite historical data to point out that the most important cryptocurrency has seen a 50% to 70% decline in previous crisis periods, such as the market panic caused by the COVID-19 pandemic, interest rate shocks, etc. "The current price action (down 26%) indicates demand for Bitcoin from more resilient capital.
Analysts do not see bitcoin's price as a leading indicator of risk propensity undermining its long-term outperformance as a store of value in the digital realm. On a timescale, bitcoin is probabilistic'gold '. "It trades in more volatile, liquid gold."
Analysts: Bitcoin's current decline is more resilient
2025-04-08 09:45:34
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
分析师：比特币当前的下跌更具韧性Next article：
ARK Invest昨日增持1320万美元的COIN并出售1200万美元的ARKB
