Bitcoin’s Next ‘Major Bull Market’ Will Be Driven By People Like You, Analyst Argues
Macro investor Jordi Visser says Bitcoin (CRYPTO: BTC) is early in a major bull market because the next wave of demand will come from billions of new digital wallet users, not Wall Street.
Visser Says Bitcoin Is Early In A Major Bull Market
Speaking on a podcast, Visser said analysts have misread the current cycle by focusing on insider selling instead of the broader shift toward tokenization and digital settlement.
He said sentiment faded even while Bitcoin continued outperforming the S&P 500 (NYSE:SPY), which signaled to him that the market was missing the underlying trend.
He compared long-time holders to early venture investors in an IPO who eventually need to monetize, calling the recent selling a normal part of market rotation.
Visser added that government engagement and innovation cycles are becoming more relevant this year, creating conditions for what he called “the beginning of a major bull market.”
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