The Bitcoin market is known to always move in cycles, with long-term positive price action followed by a downside movement moment. However, the BTC cycle theory has been declared “dead” by various segments of the crypto community over the past few weeks.
In various analyses of circular theory, analysts often attribute recent changes in market dynamics to a new era of institutional engagement through exchange trade funds (ETFs). The latest valuation of the new market structure suggests that players from new institutions may also play a role in the arrival of the next bear market.
Why New Corporate Participants Can Guide the Next Bear Market
In a new post on social media platform X, Crypto analyst Burak Tamac explained how new Bitcoin company buyers are behind the next Bitcoin Bear Market. Crypto Pundit made this claim in response to a revelation by financial expert Lyn Alden about the current position of the business intelligence company in the BTC market.
Alden shared key points in an interview with Strategy Chairman Michael Thaler. Michael Saylor has made it clear that after an amendment of up to 80% of the Bitcoin price, the company is still able to meet its obligations (such as priority dividends). Financial experts said Saylor acknowledged that only deeper revisions could pose potential challenges.
Saylor said in the live stream:
Our structure is smooth and I don’t think we’ll miss a single dividend payment with an 80% drawdown. A 90-95% drawdown might theoretically pause something for a bit, but ultimately it’s up to date.
Tamac has made it clear that the market positions in strategy are somewhat safe unless Bitcoin prices return to the $22,000 level. According to Crypto analysts, it’s a different story for other companies. Because they are relatively new to the market and the acquisition price is higher than strategy.
Unlike Saylor’s strategy, which made his first purchase before the 2020 Bull Run and survived the 2022 bear season, Tamac revealed that the new company has acquired its first BTC at a price close to the top. As a result, TAMAC believes that if the prices of the best cryptocurrency drop sharply, fresh institutional bodies are likely to lead the Bitcoin Bear market as the potential trend increases.
Bitcoin price at a glance
At the time of writing, the BTC priced at around $112,860, reflecting the lack of significant movements on past days. Market leaders have fallen by more than 4% over the past seven days, according to data from Coingecko.
The price of BTC on the daily timeframe | Source: BTCUSDT chart on TradingView
ISTOCK featured images, TradingView chart
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