Summary
- There are claims that the downward trend in the cryptocurrency market, including Bitcoin, may present an opportunity for new investors to enter.
- The Bitwise CEO said that many people still do not own cryptocurrencies, and that every dip is a chance for new buyers.
- Bitwise Research predicted that Bitcoin could reach $200,000 by the end of the year.
As the cryptocurrency (virtual asset) market, including Bitcoin (BTC), enters an overall correction phase, some view this as an opportunity for new investors to enter the market.
Hunter Horsley, CEO of Bitwise, said on X (formerly Twitter), "Most people still do not own any cryptocurrencies," and added, "Every dip is an opportunity for new people to purchase crypto."
He also mentioned, "Bitwise Research predicts that Bitcoin will reach $200,000 by the end of the year."
Uk Jin
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