According to Walter Bloomberg, an analyst stated that the fair value of Bitcoin is $75,000. He added that the subsequent BTC price would depend on market sentiment and liquidity.
UniCredit analyst Thomas Strobel stated that he believes the future direction of BTC depends on investor sentiment and liquidity.
Strobel noted that despite reduced concerns about US regulations and lowered policy risks, the recent decline in Bitcoin primarily reflects weakening market sentiment and downward pressure stemming from macroeconomic factors.
A UniCredit analyst states that BTC’s fair value should be around $75,000, arguing that there is a risk of further decline.
At this point, Strobel suggests that if BTC falls by approximately 35% from this level and remains below $50,000 for an extended period, it could signal a deeper shift. The analyst warned that this could indicate a deeper bear market.
He added that a recovery in Bitcoin is possible, but it would require improved investor sentiment, increased ETF inflows, and expanding liquidity.
*This is not investment advice.
