PANews February 21 News, UniCredit strategist Thomas Strobel stated that the recent decline in Bitcoin mainly reflects weak market sentiment and macroeconomic pressures. Although the easing of regulatory uncertainty in the United States has somewhat reduced policy risks, the bank maintains a neutral stance, estimating Bitcoin’s fair value at approximately $75,000. If the price drops about 35% below this level, especially if it remains below $50,000, it could indicate a deeper structural shift. For Bitcoin to recover, it needs improved sentiment, a rebound in ETF capital inflows, and an overall improvement in liquidity conditions.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BTC holding structure sees its largest divergence in a decade, with exchange whale ratios exceeding 60%
As individual investors exit at the same time, institutions are continuing to buy in a steady rhythm, and Bitcoin’s holding structure is being rewritten.
InstantTrends25m ago
A CEX’s trading volume over the past 24 hours reached $865 million, with XRP, BTC, and ONT leading the way in the top three positions
According to CoinGecko data, on April 3, a certain CEX had trading volume of $865 million; the top five tokens were XRP, BTC, ONT, USDT, and ETH, with XRP having the highest trading volume at 13.81%.
GateNews28m ago
Over the past 24 hours, the entire market was liquidated across the web to the tune of $248 million, with long liquidations totaling approximately $125 million.
Gate News update: On April 3, according to CoinAnk data, over the past 24 hours, liquidations across the entire market totaled $248 million, including approximately $125 million liquidated from long positions and approximately $123 million liquidated from short positions. By coin, Bitcoin liquidations were about $48.13 million, and Ethereum liquidations were about $28.34 million.
GateNews38m ago
2.8 万 BTC options expire today, with a notional value of $1.8 billion
On April 3, Greeks.live data showed that BTC and ETH options expiration conditions were weak. BTC options market share was above 80%, and rebuilding market confidence will require time and funding support.
GateNews43m ago
