Summary
- Ari Paul, founder of BlockTower Capital, predicted that crypto market recovery would take about 6 months.
- Bitcoin could show different movements that combine characteristics of gold and the S&P500, diverging from altcoins, he stated.
- He indicated that the crypto bull market isn't over, but will arrive more slowly than before.
Experts suggest it may take 6 months for the cryptocurrency market to recover, as macro-economic uncertainties have frozen investor sentiment.
On the 25th, Ari Paul, founder of BlockTower Capital, stated via X (Twitter), "It appears that the Trump administration's fiscal tightening policies have caused a decline in asset markets, including cryptocurrencies. Altcoins may continue to decline for a while, similar to other stocks."
However, Paul predicted that Bitcoin could show different movements from altcoins. He said, "Bitcoin might show a trend that feels like a fusion of gold and the S&P500. Bitcoin could drop to between $73,000 and $77,000."
He continued, "I'm confident that the crypto bull market isn't over," but added, "It shows definitely different patterns from previous cycles, and the bull market will arrive more slowly than before. The crypto bull market is likely to resume after 6 months."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
