Deep Tide TechFlow News: On February 20th, UniCredit strategist Thomas Strobel from Italy's UniCredit Bank stated that Bitcoin's recent decline mainly reflects weak market sentiment and macroeconomic pressures. Although easing regulatory uncertainty in the United States has somewhat reduced policy risks, the bank maintains a neutral stance, estimating Bitcoin's fair value at around $75,000. If the price drops approximately 35% below this level, especially staying below $50,000, it could indicate a deeper structural shift. For Bitcoin prices to recover, it will depend on improved market sentiment, a rebound in ETF capital inflows, and an overall better liquidity environment.
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Deep Tide TechFlow News: On February 20th, UniCredit strategist Thomas Strobel from Italy's UniCredit Bank stated that Bitcoin's recent decline mainly reflects weak market sentiment and macroeconomic pressures. Although easing regulatory uncertainty in the United States has somewhat reduced policy risks, the bank maintains a neutral stance, estimating Bitcoin's fair value at around $75,000. If the price drops approximately 35% below this level, especially staying below $50,000, it could indicate a deeper structural shift. For Bitcoin prices to recover, it will depend on improved market sentiment, a rebound in ETF capital inflows, and an overall better liquidity environment.