Roxom Global CEO Borja Martel Seward warns that once the bull market is finally over, it could cause a bearish stage, which could make some Bitcoin finance companies struggle.
Bull markets lasting for months
As global macroeconomic uncertainty continues to ripple through traditional financial markets, the Bitcoin landscape creates its own course, presenting both attractive opportunities and potential challenges. According to Borja Martel Seward, co-founder and CEO of Roxom Global, Bitcoin (BTC) runs “a unique beat drum rhythm.”
Seward claims that cryptocurrencies remain independent and inverse assets in a world that is working to reduce the cooling Fed rate, continue to quantitative tightening, replenish common US Treasury accounts, and anticipate interest rate hikes by the Bank of Japan.
“Bitcoin goes at its own pace. Bitcoin is independent and Bitcoin has its own cycle,” Seward emphasized in a recent interview with Bitcoin.com News. The perspective of Roxom Global CEO highlights core beliefs among many BTC advocates. While external economic forces can put pressure on you, the basic value proposition and pre-determined half-cycle of cryptocurrency in infuse them with their own resilience.
The market is currently experiencing bull run. This is a trend that Seward thinks will last for the next few months. Many supporters of Bitcoin, including Tim Draper, one of Roxom Global’s backers, have similarly predicted the rally will continue, potentially pushing BTC to a significantly higher level by the end of the year. At the time of writing (9pm on June 12th), Bitcoin was trading at $108,444.46.
Seward, each of them pays attention to self-satisfaction. “In the end, the bull market will end. We will enter a bearish phase. This happiness, this enthusiast will dissipate. Some companies will go underwater and the market structure will be reset.”
The Roxom CEO warning comes amid the growth trends of public and private companies that have added BTC to the Treasury reserves. The strategy, pioneered by companies such as Michael Saylor’s strategy, has been increasingly adopted by listed companies in recent months. As a result, BTC has evolved into a recognised (unstable) Treasury component from niche digital assets.
The widespread adoption of BTC by these “finance companies” is a unique dynamic for future market shifts. “We need to see how today’s blessings of Bitcoin Treasury businesses are blessed with when Bear Markets arrive. The possibility of a significant sale from these corporate holdings at the bear stage poses new challenges as their collective holdings can affect market sentiment and price behavior.
Despite the medium-term challenges, Seward says he is focusing on his long-term vision. For investors and businesses, he suggests that what is important is not to “take time in the market,” not to embrace rational, long-term accumulation strategies, rather than impossible feats. While enjoying the current bull market is important, he recommends that it is equally important to stay cautious, learn from past cycles, understand when to unravel risks and wait for a compelling entry point for future accumulation.
BTC will peak at $200,000 by the end of the year
Meanwhile, Seward shared insights into how Roxom and Roxom TV, who hold Bitcoin (BTC) at the Treasury, manage the risks associated with using cryptocurrency as an account unit.
“How do you mitigate the risk? At the end of the day, you need a Bitcoin return. For us, Bitcoin’s Treasury is not just what everyone is saying today.
Seward emphasized that the company’s strategy is to sell the best encrypted sales when prices go up and buy back when prices go down. The purpose is to increase your total BTC holdings. Because his company’s success is measured not by how much they accumulate, but by how much they accumulate.
When asked about his price forecast, Seward predicts that BTC will peak between $120,000 and $200,000 at the end of the year. However, he hopes that once this milestone will continue to sell.
“It should be remembered that (Bitcoin) ETFs have started buying for $35,000 to $50,000, which is 4-5 times more for ETF investors, traditional investors, and low-conviction investors who have come just to ride this new wave.
Nevertheless, Seward, like other major crypto assets supporters, has asserted that BTC will exceed $1 million by 2030.
Turning to his company’s work, Seward explained that Roxom Global is creating an inverse financial ecosystem. There, it serves as an account unit and hurdle rate for BTC to trade various assets. While backend integration is extremely complicated, according to Seward, Roxom has managed to provide a simple, user-friendly experience.
This approach allows individuals to trade directly on assets, including stocks, bonds, commodities, other cryptocurrencies, and fiat currency pairs. Seward emphasizes this as a major shift from traditional finance. From this finances, converting cryptography into Fiat, transferring funds, and purchasing assets purchased are often a tedious multi-step process.
He further elaborated on the unique challenges and opportunities this presents to investors. Seward believes that these BTC-dominated markets will uncover a new story of elite investors who excel at generating yields directly in BTC.