{"id":30957,"date":"2025-06-09T14:16:43","date_gmt":"2025-06-09T14:16:43","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=30957"},"modified":"2025-06-09T14:16:43","modified_gmt":"2025-06-09T14:16:43","slug":"is-bitcoin-a-better-buy-now-than-it-was-at-20k-lawyer-explains","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=30957","title":{"rendered":"Is Bitcoin a Better Buy Now Than it Was at $20K? (Lawyer Explains)"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li data-start=\"76\" data-end=\"277\">\n<p data-start=\"78\" data-end=\"277\">Bitcoin at its current value is seen by some as a \u201csafer buy\u201d than at $20,000, supported by expectations of rising debt from new economic policies and accelerating institutional and nation-state adoption.<\/p>\n<\/li>\n<li data-start=\"279\" data-end=\"475\">\n<p data-start=\"281\" data-end=\"475\">Factors like negative exchange netflows, a stable MVRV ratio, and a record 55 million BTC holders point to potential for further price growth.<\/p>\n<\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/BTC_CB-13.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-399802\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/BTC_CB-13.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/BTC_CB-13.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/BTC_CB-13-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/BTC_CB-13-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/BTC_CB-13-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/BTC_CB-13-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/span><\/h2>\n<h2>Is BTC Now a \u2018Safer Buy?\u2019<\/h2>\n<p><span data-preserver-spaces=\"true\">John Deaton, an American attorney who represents thousands of XRP investors in the lawsuit between Ripple and the US SEC, recently <a href=\"https:\/\/x.com\/JohnEDeaton1\/status\/1931769134481596526\" data-wpel-link=\"external\" target=\"_blank\">expressed<\/a> an interesting opinion regarding the primary cryptocurrency.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">He shared a post by David Bailey (Chairman of Bitcoin Magazine), who recently urged people to \u201cget as much capital\u201d and use it to purchase Bitcoin (BTC).<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">While Deaton said he is not in favor of telling individuals to take out loans to buy crypto, he argued that the leading digital asset <\/span><span data-preserver-spaces=\"true\">at a price of<\/span><span data-preserver-spaces=\"true\"> $106,000 seems like a \u201csafer buy\u201d than it was at $20,000. He backed his theory with the likely passage of the Build Back Better (BBB) economic initiative and the GENIUS Act, predicting they would lead to the printing of fiat money and \u201cskyrocketing\u201d debt.<\/span><\/p>\n<p>The lawyer added that this possible development, combined with rapid institutional and nation-state adoption, makes buying BTC at current prices \u201cmore asymmetrical\u201d than it was at $25,000.<\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201cBut I\u2019ll fully admit I suffer from both confirmation and wealth-preservation bias,\u201d Deaton concluded.<\/span><\/p>\n<\/blockquote>\n<h2><span data-preserver-spaces=\"true\">Further<\/span><span data-preserver-spaces=\"true\"> Pump Incoming?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">BTC trading above the psychological level of $100,000 might still seem surreal to some members of the crypto community, who have been waiting for that milestone for years.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Moreover, some key factors suggest that the asset may experience an additional rally in the short term. <\/span><span data-preserver-spaces=\"true\">For instance, the BTC exchange <\/span><span data-preserver-spaces=\"true\">netflow<\/span><span data-preserver-spaces=\"true\"> has been predominantly negative in the past months, suggesting that investors have shifted from centralized <\/span><span data-preserver-spaces=\"true\">exchanged<\/span><span data-preserver-spaces=\"true\"> toward self-custody methods.<\/span> <span data-preserver-spaces=\"true\">This<\/span><span data-preserver-spaces=\"true\">, in turn, reduces the immediate selling pressure.<\/span><\/p>\n<figure id=\"attachment_399800\" aria-describedby=\"caption-attachment-399800\" style=\"width: 970px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/BTC-Exchange-Netflow.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-399800\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/BTC-Exchange-Netflow.png\" alt=\"BTC Exchange Netflow\" width=\"970\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/BTC-Exchange-Netflow.png 1520w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/BTC-Exchange-Netflow-300x124.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/BTC-Exchange-Netflow-1024x422.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/BTC-Exchange-Netflow-768x317.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/BTC-Exchange-Netflow-50x21.png 50w\" sizes=\"auto, (max-width: 970px) 100vw, 970px\"><\/a><figcaption id=\"caption-attachment-399800\" class=\"wp-caption-text\">BTC Exchange Netflow, Source: CryptoQuant<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">Bitcoin\u2019s MVRV, which compares the asset\u2019s market capitalization to its realized capitalization\u00a0and helps traders identify whether the asset is undervalued or overvalued, is also worth observing. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Over the past few weeks, the ratio has been fluctuating within the healthy range of 2 to 2.5, suggesting there is still potential for further appreciation. According to CryptoQuant, historical data shows that readings above 3.70 have typically signaled market peaks, whereas values below<\/span><span data-preserver-spaces=\"true\"> 1 <\/span><span data-preserver-spaces=\"true\">have indicated bottoms.<\/span><\/p>\n<figure id=\"attachment_399801\" aria-describedby=\"caption-attachment-399801\" style=\"width: 883px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/BTC-MVRV.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-399801\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/BTC-MVRV.png\" alt=\"BTC MVRV\" width=\"883\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/BTC-MVRV.png 1527w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/BTC-MVRV-300x136.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/BTC-MVRV-1024x464.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/BTC-MVRV-768x348.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/BTC-MVRV-50x23.png 50w\" sizes=\"auto, (max-width: 883px) 100vw, 883px\"><\/a><figcaption id=\"caption-attachment-399801\" class=\"wp-caption-text\">BTC MVRV, Source: CryptoQuant<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">Last but not least, the total number of BTC holders recently <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/bitcoin-btc-hits-a-new-ath-but-its-not-what-you-think\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">hit<\/span><\/a><span data-preserver-spaces=\"true\"> a new all-time high of over 55 million, signaling growing adoption and higher demand for the asset.\u00a0<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/is-bitcoin-a-better-buy-now-than-it-was-at-20k-lawyer-explains\/\" rel=\"nofollow\">Is Bitcoin a Better Buy Now Than it Was at $20K? (Lawyer Explains)<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Bitcoin at its current value is seen by some as a \u201csafer buy\u201d than at $20,000, supported by expectations of rising debt from new economic policies and accelerating institutional and nation-state adoption. Factors like negative exchange netflows, a stable MVRV ratio, and a record 55 million BTC holders point to potential for further price [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-30957","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/30957","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30957"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/30957\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}