Some believe that the upward phase of the Bitcoin (BTC) cycle is closer to the finishing touches, while others believe that there is a long ascending route ahead.
One of them is Tur Demeester, editor of Adamant Research. He argues that “from the current range there is a path to assess the value (of Bitcoin) four to ten times, meaning a price target for Bitcoin over $500,000.”
A recent report released by the investment company explains the reasons for such optics. In short, on-chain analysis shows that Most BTC is still in strong hands. Additionally, according to Adamant Research, BTC will continue to separate other cryptocurrencies, actions and bonds. The global macroeconomic landscape (including the rise in financial emissions, which cryptographic details many times) is another powerful wind in favor of Bitcoin. It also highlights the great states and businesses that BTC has in this cycle.
For a team of analysts led by Demeester, Despite all the criticism he can receive, Bitcoin continues to stand out By their detractors or people who still don’t understand. The reason is what Bitcoin allows:
«For the first time in history, this complex network is making possible a true shortage of the digital world, a global non-subject network for fully autonomous assets and financial transactions. Thanks to its ingenious proof of work mechanism, Bitcoin was able to become a digital gold with unprecedented solidity and openness. The activity time is 14 years of operation with 99,989%, and anyone with access to a typical phone can already access the network in a few minutes without permission. That’s why we’ve called it the most disruptive technology since the invention of the Internet».
Adamant Research, Financial Company.
Thus – according to the company, Bitcoin is planted as a direct competitor as a reserve of bonds, cash, gold, central bank reserves, bank deposits, payment and remittance systems, and real estate values.
And for a team of researchers led by Demeester, Bitcoin doesn’t have to wait long to shine, but they’ve already done it and will continue to do it in the next few months.
This opinion, according to the on-chain data they process, Whales (an investor with over 1,000 BTC) have not surrendered, but are active.
Cryptootics shows that some of these large investors are profiting from the recent rise in BTC, but Adamant Research makes it clear:
On the other hand, they consider that in the present (depending on the exact moment when the note is read), 50-70% of the total currency in BTC shows unrealized profits. It is interpreted by analysts such as “The feelings between Hoddlers are firmly hopeful and optimistic, as expected in the middle of the bull market.” Once this scale reaches a level of 85% or 95%, things begin to change. When that happens (without devaluing the dollar or hyperinflation), it “it makes sense to warn you about euphoria and look for other indicators of the roof in this upward cycle.”
But not everything is blind optimism. Adamant Research considers several factors that can be a negative catalyst for BTC and cause strong falls. Specifically, it mentions three negative factors: Large Bitcoin hack. Mass settlements of known currencies (e.g. settlements from Mt.Gox or FTX); o Forfeiture of Bitcoin in detention, as has happened with gold in the past (though it makes clear that this risk is very low).
The company also believes that BTC’s corporate accumulation strategy continues to grow (and continues to make profits for companies that practice it).
What Adamant Research firmly rejects is that the decline in traditional markets will be the price of Bitcoin’s collapse. Of course, BTC is susceptible to international macroeconomic events, as encryption has shown several times. But if anything is proven, the digital currency created by Nakamoto At is its rapid recovery ability.
In this respect, the investment company recalls that “in the five years since its creation, Bitcoin outweighs other types of assets in the world, including all US stock market rates.” Furthermore, he points out that the only major class of assets that maintain long-term correlation is the global M2 currency offer. In summary, as central banks print more money, Bitcoin prices tend to rise faster than normal ». They added, “The world is destined to see another big financial issue, as all Western governments meet record levels of debt and deficits.”
“Don’t waste your money with cryptocurrency.”
All of this may be asking readers what the financial research company is saying about cryptocurrency (i.e. digital assets not Bitcoin).
The answer to this question can be found in the subtitles that lead this section. Adamant Research said: Bitcoin is more similar to alternating current engineering protocols (electric machines can function) than German, a more superficial communication protocol, from an engineering perspective».
Added by Adamant Research:
“I believe Bitcoin is the founding layer for the Internet, just as the TCP/IP protocol is the founding layer for all Internets.”
Adamant Research, Financial Company.
For this company, Bitcoin could become the only basic protocol for e-moneynot among many.
“Bitcoin domination is the best known, robust and reliable protocol in the cryptocurrency world, so we can see that it will continue and strengthen in the future only,” they say.
At the time of this publication, Bitcoin’s advantage (i.e. its presence in the digital asset market for capitalization) is 60%, as seen in the following graph provided by TrainingView.
And what about the protocols and projects that give the advantage that Bitcoin doesn’t have? According to Adamant Research, the story shows how Bitcoin is being added to his main network or tier 2. He has already put examples on the Lightning Network, such as coining, taproot.
“Bitcoin is a stack of protocols that are expected to expand for decades, and its basis is a simple and efficient database protected by the world’s most powerful firewall, the Bitcoin blockchain.”
Adamant Research, Financial Company.
For all this, the company says directly: «We sincerely encourage investors to be not autonomous and strong spirits cypherpunk Provides Bitcoin Protocol Stack».
If these arguments were not sufficient, they would add similarity to future predictions and convince the most skeptical: «Investing in Bitcoin is like a way to buy common Internet ETF actions in the early 1990s, or to buy land without developing on Manhattan Island at the beginning of the Industrial Revolution.
Better investment in Bitcoiner companies than Altcoins
For those who want to diversifyTur Demeester’s recommendation and his team are Put your money into a business built on Bitcoin. But they make it clear that this should be done secondary. “Unless you have the special skills to distinguish you, our general recommendation is to first focus on buying Bitcoin, and then focus on ecosystem companies,” they say.
They recommend that you do a corresponding individual survey before placing your money into stocks of a mining company, exchange, or Bitcoin finance company. They make it clear that pioneer companies are not necessarily the best, but investors should take special care to have highly qualified personnel.
In Bitcoin treasury companies such as Strategy (previously MicroStrategy), they have not refused to be a business model for now, but have made it clear that they “expose investors to an additional risk layer compared to simple investments in BTC assets.”
Bitcoin Price Basic Engine
After this pause of the main theme for communicating ideas about cryptocurrencies and businesses in the Bitcoin industry, Adamant Research highlights the central focus of the report, an investment paper in BTC.
They emphasize that many people expect BTC to be a good means of bulk payments, or a widely used account unit. Bitcoin’s appetite comes first from its usefulness as a long-term value reserve.
For financial companies, the reason for “value reserve” (i.e., using Bitcoin as digital gold and using it as a savings mechanism) is very important. That’s because it is an important step in the evolution of Bitcoin to become money.
Initially, Bitcoin began as a collection object in 2010. This is a simple curiosity that people have accumulated. It has been used much more frequently as a value reserve for many years. In the short term by speculators, it is already long term by investors. The next thing we can expect is to take on the role of exchange. This means that it is frequently used to buy and sell goods and services. And finally, by Bitcoin standards, people start to express all economic value, as they can become account units, in terms of BTC value ».
Adamant Research, Financial Company.
According to Adamant Research’s vision, BTC highlights other measures that serve as a reserve for value (bonds, real estate, and even “even gold that is primarily negotiated on the “paper” version of the stock exchange).
Upon arrival at the end of the report, Tuur Demeester Company highlights it Institutional adoption is what Bitcoin is currently pushingthe situation that has begun to accelerate since 2020, the year MicroStrategy made its first BTC purchase.
As you can see in the following image provided by the Bitcoin Treasuries Portal, there are over 100 public contributors with Bitcoin in their Treasury.
These institutional movements – Developing Adamant Research – “They caused a validity cycle.” It creates a contagious effect that will lead more businesses to buy Bitcoin.
DCA + Hardware Wallet, the ideal combination
After publishing investment papers on Bitcoin, the company proposes as A strategy known as an entry strategy Average dollar cost ((average cost of dollars) or DCA.
As explained in the Cryptootic Educational section of Cryptopedia, this consists of regularly purchasing Bitcoin at a fixed amount to accumulate BTC at an average price without falling into temptation to get the market minimum.
Also suggests by Adamant Research Prioritize cold storage – that is, with wallet hardware – and personal custody of Bitcoin Risks to minimize exposure to third parties.
This is because, as explained in the Bitcoin Report, essentially, sovereignty is active and its true value is maximized when the owner fully controls his private key.