I attended the crypto market outlook call hosted by one of our esteemed partners, renowned experts in the crypto world. This webinar was highly anticipated, and it certainly did not disappoint. As an investor and trader, staying abreast of market trends and forecasts is crucial, and this call provided a wealth of valuable information.
The call was packed with valuable perspectives for both seasoned investors and newcomers to the crypto world. I am grateful to our partner for organizing such an informative session and look forward to future calls that will continue to enhance my understanding of the ever-evolving crypto market landscape.
At the risk of sounding like a broken track record, we remain strategically positioned to take advantage of the market trend. The fundamental difference in this bullish cycle is that the institutions will continue to increase exposure.
In their own words during the call, “we are taking advantage of the sell off to build our altcoin exposure as we believe that many of them are oversold, taking their valuation levels back to what they were in Q4 last year.”
Volatility is part of the game. Bitcoin only came to the spotlight 15 years ago. This nascent stage fosters price volatility as market participants speculate on Bitcoin’s potential role in the global economy and investment portfolios.
Wait a minute! The good news is that Bitcoin’s volatility has consistently declined alongside the industry’s maturation in recent years. The first chart by Bloomberg below shows a rolling 1-year volatility against gold, global equities and US bonds. The second chart compares Bitcoin’s volatility against certain mega cap tech stocks.
