Analysis: Bitcoin is expected to experience a major correction before reaching a new all-time high
2025-09-28 22:33:45
Market analyst Jordi Visser said that Bitcoin will experience multiple major pullbacks of more than 20% like Nvidia on its journey to new highs, including a correction that may occur in the fourth quarter of this year. Visser sees Bitcoin as part of "AI trading" and believes that as artificial intelligence hits traditional industries, investors will turn to Bitcoin as the best store of value in the digital age. He emphasized that Nvidia has risen by more than 1,000% since the launch of ChatGPT, and has experienced five pullbacks of more than 20% during this period, and Bitcoin will repeat similar movements. At present, the price of Bitcoin is around $110,000, which is about 11% lower than the historical high. The market is still divided on whether it can break through the new high by the end of the year.
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