bullish

Bitcoin

Apple

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/market-analysts-examine-bitcoins-stagnation-and-warren-buffetts-moves/" data-wpel-link="internal">Market Analysts Examine Bitcoin’s Stagnation and Warren Buffett’s Moves</a> 
Bitcoin (BTC) price remains stagnant at $68,500, leading to losses in <a href="https://en.coin-turk.com/atomic-wallet-responds-to-cyber-attack-less-than-0-1-users-affected/" data-wpel-link="internal">altcoins</a>. Significant events are anticipated in the coming hours, primarily influenced by the upcoming U.S. elections and the Fed’s interest rate decision, which will directly affect mid-term performance. Expert predictions abound, and there is much to analyze regarding Warren Buffett’s recent quarterly data. 
<h2 style="text-align: justify" id="warren-buffett-and-market-activity">Warren Buffett and Market Activity</h2> 
The renowned billionaire is widely recognized for his company, Berkshire Hathaway. This year, Berkshire Hathaway halted stock buybacks, selling over $100 billion worth of Apple shares. The company now boasts a record cash reserve of $325 billion. 
Holding a record $288 billion in U.S. Treasury bonds, this amount surpasses what the Fed holds. What has driven Buffett to hold $93 billion in Treasury bonds over the Fed’s assets? Buffett appears to be positioning himself as a recession looms, refraining from buying back shares due to high prices. 
The S&amp;P 500 has recorded a 40% increase since October 2023, marking one of the largest 12-month gains in history. Buffett is currently earning from interest with his massive cash reserve due to concerns about potential recession. If the recession materializes as expected, the outlook for <a href="https://en.coin-turk.com/masak-introduces-new-guidelines-for-reporting-suspicious-transactions-in-cryptocurrency/" data-wpel-link="internal">cryptocurrencies</a> may not be favorable. 
<h2 style="text-align: justify" id="expert-insights-on-cryptocurrencies">Expert Insights on Cryptocurrencies</h2> 
In his latest market assessment, Benjamin Cowen notes the realization of a market dominance target he has been anticipating for three years. While he cannot precisely identify the peak, he has frequently mentioned the threshold of 60%. He wrote that he believes within the next two months, BTC dominance will peak for this cycle, although predicting the exact percentage is foolish. 
<blockquote> 
 “With ALT/BTC pairs still at low levels, dominance surpassing 60% is possible. There are ways to prevent ALT/BTC pairs from declining sharply without BTC.D skyrocketing (though this requires ETH/BTC to bounce). The reality is that those bullish on market dominance for the last three years are in a strong position, and they want to see proof of a trend change before acting.” 
</blockquote> 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-403133 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/cowen-tahminleri-2024-kasim.jpg" alt="" width="2406" height="1582"> 
Z3usCrypto, another analyst, predicts that we are experiencing a consolidation phase before reaching an all-time high (ATH). 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-403134" src="https://coin-turk.com/wp-content/uploads/2024/11/btc-konsolidasyon-ath.jpg" alt="" width="2502" height="1484"> 
The post <a href="https://en.coin-turk.com/market-analysts-examine-bitcoins-stagnation-and-warren-buffetts-moves/" data-wpel-link="internal">Market Analysts Examine Bitcoin’s Stagnation and Warren Buffett’s Moves</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Market Analysts Examine Bitcoin’s Stagnation and Warren Buffett’s Moves

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