Bitcoin managed to outperform other major global assets, such as the stock market, shares, cabinet and precious metals, although the last encryption market coincides with the two -month debt suspension period in the United States.
The Bitcoin (BTC) price has now decreased by 23 % of its highest level ever to more than $ 109,000 registered on January 20, on the day of the opening of US President Donald Trump, and explains Cointelegraph Markets Pro.
Despite the recent decline, Bitcoin is still outperforming all the major global market sectors, including the stock market, stocks, US treasury, real estate, and precious metals, according to Bloomberg’s data shared by Thomas Fahred, co -founder of Paulo Satz.
BTC/USD, one year scheme. Source: Cointelegraph
“Even with retreat, Bitcoin still outperforms every other election of the assets,” Fahr wrote on March 18 x mail.
Performing assets after the accumulation of management. source: Thomas Fahr
Despite concerns about the early arrival of the Bear Market, Bitcoin’s decline to $ 76,000 is still part of the organic “Taurus Correction”, according to the main research analyst Aurelie Barteri, the main research analyst on the Nansen Checks platform.
“We are still in a correction inside the emerging market: I realized the shares and encryption while we priced in a period of induction uncertainty and financial discounts, and feeding has not been developed. Stagnation fears appear.”
Related to: Bitcoin who suffers from “Shakeout”, not the end of a 4 -year cycle: analysts
Etfs Bitcoin has recorded the largest daily flows since February
The boxes circulating on the stock exchange in the United States (ETFS) began to see positive daily positive flows, which may bring more momentum in the upward direction of the world’s first encrypted currency.
Bitcoin spot etf network flows. source: Sosovalue
The investment funds circulated in the United States in Bitcoin recorded more than $ 274 million of cumulative flows on March 17, which represents the highest day of investments since February 4, when Bitcoin was trading over $ 98,652, Sosovalue Data appears.
ETF Investments played a major role in the 2024 Bitcoin Rally, which contributed 75 % of the new investment as Bitcoin regained $ 50,000 on February 15.
Related to: Stablecoin supplies are increasing $ 219B $ 219B
Although Bitcoin may see more negative fluctuations due to the world trade war concerns, we are unlikely to see a significant decrease less than the current levels, according to Grace Chen, CEO of Bitget.
Tell Cointelegraph:
“I do not see BTC drop to less than 70,000, and perhaps 73 thousand dollars -78 thousand dollars, which is a strong time to enter any buyers on the fence. In the next 1-2 years, BTC is not considered an amount of $ 200,000 away as most of them believe.”
Other industry leaders are optimistic about the Bitcoin price track for the rest of 2025, with price predictions ranging from $ 160,000 to more than $ 180,000.
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