Bitcoin (BTC) just printed its first early-bull reading on CryptoQuant's Bull-Bear Market Cycle Indicator since March 2023, a regime shift that historically marks recoveries from deep corrections.
Hedge fund manager Ray Dalio said Bitcoin's transparent blockchain structure may limit its adoption by central banks as a reserve asset, despite growing corporate and institutional participation in the market.
BitMex co-founder Arthur Hayes says Bitcoin (CRYPTO: BTC) retaking $126,000 is a foregone conclusion, arguing that trillions in AI spending and wartime money printing will fuel the rally as the crypto bottomed at $60,000 earlier this year. AI Spending And War Create Perfect Environment For Bitcoin Hayes laid out his thesis in a new essay titled “The Butterfly Touch,” arguing that the combination of AI buildout and the US-Iran war creates the perfect environment for Bitcoin.