Bitcoin

Arthur

<p><strong>Bitcoin has experienced a correction in recent days. However, far from being a negative sign, this salutary purge is merely the prelude to a new stratospheric bullish phase! According to seasoned analysts, the real rise hasn’t even started yet. Fasten your seatbelts; the best is yet to come!</strong></p>
<h2 id="h-a-necessary-correction-for-market-health">A Necessary Correction for Market Health</h2>
<p>Bitcoin’s 12% pullback this week has raised some concerns among investors. Yet, famed trader Arthur Hayes sees it as an excellent omen. For him, this price deflation was ”&nbsp;much needed&nbsp;” to sanitize the market.</p>
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<p>Indeed, several factors have contributed to this welcome purge. On one hand, the US tax season has encouraged profit-taking. On the other hand, anticipations of <a href="https://www.cointribune.com/en/the-stock-market-soars-europe-reacts-ahead-of-the-fed-meeting/" target="_blank" rel="noopener noreferrer nofollow">the Federal Reserve’s decisions</a> have weighed on market sentiment. Not to mention the traditional wave of selling after the halving!</p>
<p>Hayes considers these healthy withdrawals as the usual throes of a market in good health. A natural cycle that paves the way for the next stage…</p>
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<h2 id="h-the-anticipated-bitcoin-recovery-slow-but-inexorable">The Anticipated Bitcoin Recovery: Slow but Inexorable</h2>
<p>While some feared a major correction, experts agree on a very different outcome for Bitcoin. Far from signaling the end of the bullish trend, the recent dip is simply the indication of a gradual rebound.</p>
<p>According to Hayes, Bitcoin is expected to first stabilize between 60,000 and 70,000 dollars over the coming months. A <a href="https://blog.bitmex.com/mayday/" target="_blank" rel="noopener noreferrer nofollow">consolidation plateau before taking off</a> towards new dizzying heights!</p>
<p>Jeff Ross of Vailshire Capital Management is of the same opinion. The CEO cautions against any premature predictions of a bear market. On the contrary, he asserts, ”&nbsp;the real bull market hasn’t even started&nbsp;!”</p>
<p>No doubt is permitted: the winds are changing for Bitcoin and the crypto ecosystem as a whole! While expert forecasts announce the beginning of a super-cycle like never seen before, innovation is already sparking brilliance. From promising Layer-2 projects <a href="https://www.cointribune.com/en/heres-how-the-crypto-community-is-propelling-memecoins/" target="_blank" rel="noopener noreferrer nofollow">to amusing memecoins</a>, there is a veritable creative fervor seizing the sector. A positive effervescence that promises to open new horizons for mass adoption!</p>
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Bitcoin ready to take off! Arthur Hayes’s wild prediction

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