Andrew Parish and Tillman Holloway, two figures closely followed in the cryptocurrency world, discussed the biggest obstacle to a bull season in Bitcoin and the cryptocurrency markets in their latest broadcast.
While the cryptocurrency market anticipates Bitcoin reaching new record highs, veteran industry figures Andrew Parish and Tillman Holloway argue that the main factor hindering this rise is not solely macroeconomic data, contrary to popular belief.
The broadcast noted that rather than inflation or interest rates being the focus of most investors, the market is caught between corporate liquidity and regulatory uncertainty. Andrew Parish stated that capital flows in the market have not yet reached the desired level and that large investors are adopting a “wait-and-see” strategy.
According to analysts, although the supply of Bitcoin on exchanges is decreasing, large institutional purchases in over-the-counter (OTC) markets are delaying the expected sharp price movements.
Tillman Holloway stated that the upcoming elections and global political instability were suppressing investor appetite, but that this was poised to create a “spring effect” and explode.
It was argued that small investors haven’t fully returned to the market yet, and that for the bull run to truly begin, this group needs to return with “FOMO” (fear of missing out).
*This is not investment advice.
