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Details: ht
Recently, financial market analysis experts have shared thought-provoking insights on the future trends of Bitcoin. They pointed out that although the fourth quarter is typically seen as a favorable period for cryptocurrency price increases, Bitcoin may still face significant volatility as it climbs toward new highs.
Experts have compared Bitcoin to the recently outstanding technology giant Nvidia. They emphasized that since the widespread application of artificial intelligence technology, Nvidia's stock price has soared more than tenfold, but it has experienced several significant adjustments during this process. Experts believe that Bitcoin is likely to repeat a similar pattern, with multiple pullbacks of around 20% during its upward trajectory.
With the continuous development of artificial intelligence technology, traditional industries are facing reconstruction. Against this backdrop, some observers predict that investors may increasingly turn to digital assets such as Bitcoin, viewing them as a store of value in the digital age.
However, the current price of Bitcoin is still about 11% lower than its historical peak, a phenomenon that has sparked widespread discussion in the market. Some analysts have pointed out that, in contrast to the record highs in the gold and stock markets, the performance of Bitcoin's price has been relatively lagging.
Looking ahead, there are differing views in the market regarding Bitcoin's performance in the fourth quarter. Some believe that Bitcoin is likely to break new highs, reaching levels around $140,000; while others warn that the recent pullback may signal a larger correction.
In any case, Bitcoin, as an emerging asset class, still has a price trend full of uncertainty. Investors need to comprehensively consider various factors and weigh potential risks and rewards when making decisions.