According to ChainCatcher, Bloomberg ETF analyst Eric Balchunas has commented on Bitcoin's performance, suggesting that its recent trends are a natural correction following an unusually strong surge last year.
Bitcoin saw a cumulative increase of 122% in 2024, which is approximately five times the growth of other assets. As the market enters 2025, even if Bitcoin experiences a plateau or slight pullback, maintaining an average annual growth rate of around 50% would be considered a normal cooling period.
Balchunas noted that the market's interpretation of Bitcoin's pullback is exaggerated, as similar occurrences are common in stocks and other traditional assets.
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๐๐ถ๐๐ฐ๐ผ๐ถ๐ป'๐ ๐ฎ๐ฌ๐ฎ๐ฑ ๐ฃ๐ฒ๐ฟ๐ณ๐ผ๐ฟ๐บ๐ฎ๐ป๐ฐ๐ฒ: ๐๐ป๐ฎ๐น๐๐๐ ๐ฃ๐ฟ๐ฒ๐ฑ๐ถ๐ฐ๐๐ ๐ก๐ผ๐ฟ๐บ๐ฎ๐น ๐๐ผ๐ผ๐น๐ถ๐ป๐ด ๐ฃ๐ฒ๐ฟ๐ถ๐ผ๐ฑ
According to ChainCatcher, Bloomberg ETF analyst Eric Balchunas has commented on Bitcoin's performance, suggesting that its recent trends are a natural correction following an unusually strong surge last year.
Bitcoin saw a cumulative increase of 122% in 2024, which is approximately five times the growth of other assets. As the market enters 2025, even if Bitcoin experiences a plateau or slight pullback, maintaining an average annual growth rate of around 50% would be considered a normal cooling period.
Balchunas noted that the market's interpretation of Bitcoin's pullback is exaggerated, as similar occurrences are common in stocks and other traditional assets.
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