Does Bitcoin buy better now than it was at $ 20,000? (The lawyer explains)

TL; D

• Some view Bitcoin in their current value as “safer buying” than $ 20,000, with the support of the growing debt forecasts of new economic policies, the acceleration of institutional adoption and national birth.

• Factors such as negative Netflows indicate the exchange, stable MVRV ratio, and standard 55 million BTC pregnant women to the possibility of price growth.

Is BTC now “safer?”

John Diton, an American lawyer represents thousands of XRP investors in the lawsuit between Ripple and US SEC, recently Express An interesting opinion regarding primary cryptocurrencies.

He participated in a post by David Billy (Bitcoin Magazine President), who recently urged people to “get the most capital” and use it to buy Bitcoin (BTC).

While Diton said that he does not support the informing of individuals to remove the loans to purchase the encryption, he argued that the pioneering digital origin is Price 106,000 dollars look like “safer buy” than it was at $ 20,000. He supported his theory with the passage of the best economic initiative (BBB) ​​(BBB) ​​and a genius law, expecting that it will lead to the printing of the Fiat and the “High” debt money.

The lawyer added that this potential development, in addition to adopting institutionalism and the highly national state, makes the purchase of BTC at current prices “asymmetric” more than it was at $ 25,000.

“But I will fully admit that I suffer from all confirmation and preservation of wealth.” Diton concluded.

additional Incoming pumping?

BTC trading may remain the highest psychological level of $ 100,000 in surreal to some of the encryption community members, who are waiting for this teacher for years.

Moreover, some of the main factors indicate that the original may face an additional gathering in the short term. For example, BTC exchange Netflow It was mostly negative in the past months, indicating that investors have turned from centralization exchange Towards self -friction methods. thisIn turn, reduces immediate sale pressure.

MVRV of Bitcoin, which compares the market value of assets with a realized fee and helps traders determine whether the original is denied by less than its value or exaggerated, is also worth monitoring.

During the past few weeks, the ratio has turned within the health range from 2 to 2.5, indicating that there is still a possibility of more appreciation. According to Cryptoquant, historical data shows that readings that exceed 3.70 usually contain market peaks, while values ​​below 1 The bottoms have indicated.

Last but not last, the total number of BTC holders recently He hits The highest new level ever for more than 55 million, indicating an increase in adoption and high demand for the original.