What to expect from bitcoin in the second half of the year A little less than a week until the change of semester, the analysts consulted fully agree when it comes to anticipating the key catalysts for bitcoin in the second half of the year. These references determine the forecasts they make about the levels in which bitcoin could move over the last six months of the year.
Bitcoin’s price is going through a new setback. Over the past few trading sessions, it has pulled back until it nearly touches the $60,000 barrier, just one step away from this year’s recent lows. As the analysts consulted acknowledge, the current situation is complex.
Bitcoin comes into the second half of the year bruised, but not broken, says Jorge Schnura, CEO of Keyrock Asset & Wealth Management. Along similar lines, Jaime Muñoz, a crypto manager at Miralta AM, notes that "bitcoin enters the second half of the year with several fronts open. These current pressures lead Alberto Gordo, director of investments at Protein Capital, to admit that I have rarely seen bitcoin face such a demanding macro cross.
This widespread concern does not, however, close the door to optimism, with an investment horizon focused more on the medium term. Román González, a crypto manager at A&G, draws attention to the fact that the great paradox currently surrounding bitcoin is that its fundamentals keep improving while the price has been consolidating for months.
Precisely the improvement observed in bitcoin’s fundamentals leads analysts to look away, above all, at factors external to the crypto market itself. This is what Javier Pineda, a manager at Renta4, says when he points out that "in my view, the main driver of bitcoin’s price in the second half of the year will come more from the combination of macro factors and institutional flows than from any specific news from the crypto ecosystem The opinion.
$BTC
Bitcoin’s price is going through a new setback. Over the past few trading sessions, it has pulled back until it nearly touches the $60,000 barrier, just one step away from this year’s recent lows. As the analysts consulted acknowledge, the current situation is complex.
Bitcoin comes into the second half of the year bruised, but not broken, says Jorge Schnura, CEO of Keyrock Asset & Wealth Management. Along similar lines, Jaime Muñoz, a crypto manager at Miralta AM, notes that "bitcoin enters the second half of the year with several fronts open. These current pressures lead Alberto Gordo, director of investments at Protein Capital, to admit that I have rarely seen bitcoin face such a demanding macro cross.
This widespread concern does not, however, close the door to optimism, with an investment horizon focused more on the medium term. Román González, a crypto manager at A&G, draws attention to the fact that the great paradox currently surrounding bitcoin is that its fundamentals keep improving while the price has been consolidating for months.
Precisely the improvement observed in bitcoin’s fundamentals leads analysts to look away, above all, at factors external to the crypto market itself. This is what Javier Pineda, a manager at Renta4, says when he points out that "in my view, the main driver of bitcoin’s price in the second half of the year will come more from the combination of macro factors and institutional flows than from any specific news from the crypto ecosystem The opinion.
$BTC