{"id":49748,"date":"2025-03-05T11:19:02","date_gmt":"2025-03-05T11:19:02","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=49748"},"modified":"2025-03-05T11:19:02","modified_gmt":"2025-03-05T11:19:02","slug":"3-reasons-why-bitcoin-btc-may-resume-its-bull-run-soon","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=49748","title":{"rendered":"3 Reasons Why Bitcoin (BTC) May Resume Its Bull Run Soon"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

BTC\u2019s short-term outlook looks bullish, with Trump\u2019s March 7 crypto summit expected to prompt further gains.<\/span>
\nArthur Hayes sees Trump\u2019s debt-driven policies as Bitcoin-friendly, while BlackRock\u2019s Larry Fink urges investors to buy dips, expecting an economic rebound.<\/p>\n

<\/a><\/span><\/h2>\n

A New Rally on the Horizon?<\/h2>\n

The cryptocurrency sector is an intriguing market notorious for its enhanced volatility. The past few days proved that thesis, with Bitcoin (BTC) registering wild price swings in both directions.\u00a0<\/span><\/p>\n

Towards the end of February, the leading digital asset <\/span>plummeted<\/span><\/a> to a multi-month low below $80,000 as Donald Trump\u2019s global trade war escalated. <\/span>Just a<\/span> few days later, though, it exploded to almost $95,000 following the US president\u2019s <\/span>confirmation<\/span><\/a> that his administration would establish a strategic crypto reserve.<\/span><\/p>\n

The <\/span>next<\/span> 48 hours offered a new doze of turbulence, with the cryptocurrency\u2019s price tanking under $83,000 on March 4 and later <\/span>rebounding<\/span><\/a> to $89,000 (per CoinGecko\u2019s data). The current level represents a 7% decline on a two-week scale.<\/span><\/p>\n

<\/a>BTC Price, Source: CoinGecko<\/p>\n

Despite the downtrend for the aforementioned period, some important elements indicate that BTC might be gearing up for a <\/span>bull run in the short term<\/span>.<\/span>\u00a0<\/span><\/p>\n

Perhaps the most <\/span>important<\/span> factor is the upcoming crypto summit that President Trump will host in the White House <\/span>on March 7<\/span>. The gathering <\/span>is expected<\/span> to focus on vital topics such as addressing regulatory frameworks, the future of the digital asset industry in the US, and, of course, details on the crypto reserve.\u00a0<\/span><\/p>\n

The summit will <\/span>supposedly<\/span> be <\/span>attended<\/span><\/a> by well-known names in the cryptocurrency sector, including Strategy\u2019s founder Michael Saylor, Ripple\u2019s CEO Brad Garlinghouse, Coinbase\u2019s boss Brian Armstrong, Paradigm\u2019s co-founder Matt Huang, and others.<\/span>\u00a0<\/span><\/p>\n

Another component that could positively impact BTC\u2019s valuation <\/span>in the near future<\/span> is the asset\u2019s exchange <\/span>netflow<\/span>. <\/span>According<\/span><\/a> to CryptoQuant\u2019s data, the figure has been negative in the last seven days, suggesting a shift from centralized platforms toward self-custody methods. <\/span>This<\/span> could be interpreted as bullish since it reduces the immediate selling pressure.\u00a0<\/span><\/p>\n

Last <\/span>but not least<\/span>, we will touch upon BTC\u2019s Fear and Greed Index, which has <\/span>entered<\/span><\/a> \u201cExtreme Fear\u201d territory in the past two days. Plunging into that zone is often seen as a buying opportunity. After all, many great minds have previously advised investors to be more active when fear has spread as a predominant sentiment.\u00a0<\/span><\/p>\n

In the 18th century, the British banker Baron Rothschild <\/span>said<\/span>, \u201cThe time to buy is when there\u2019s blood in the streets, even if it\u2019s your own.\u201d One of the most successful investors, Warren Buffett, has also shared similar thoughts. He once said, \u201cBe fearful when others are greedy, and be greedy when others are fearful.\u201d<\/span><\/p>\n

The Experts\u2019 Take<\/span><\/h2>\n

The crypto community cheered <\/span>the election of Trump<\/span> as America\u2019s 47th President given his positive stance toward the industry. One prominent person who believes the <\/span>Republican\u2019s<\/span> administration will be highly beneficial to the sector is Arthur Hayer (former CEO of BitMEX).<\/span>\u00a0<\/span><\/p>\n

Recently, he <\/span>claimed<\/span><\/a> that Trump\u2019s plan to fund his \u201cAmerica First\u201d policies would rely heavily on borrowing, forcing the Federal Reserve to expand the money supply and cut interest rates. He pointed out that similar economic conditions in the past have benefited BTC.<\/span><\/p>\n

For his part, BlackRock\u2019s CEO, Larry Fink, <\/span>advised <\/span><\/a>investors to buy any price dips, as he expects an economic rally in the following months. He also reportedly said that \u201cthe world is fine\u201d despite Trump\u2019s trade tariffs, which have caused panic across the financial markets.\u00a0<\/span><\/p>\n

The post 3 Reasons Why Bitcoin (BTC) May Resume Its Bull Run Soon<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR BTC\u2019s short-term outlook looks bullish, with Trump\u2019s March 7 crypto summit expected to prompt further gains. Arthur Hayes sees Trump\u2019s debt-driven policies as Bitcoin-friendly, while BlackRock\u2019s Larry Fink urges investors to buy dips, expecting an economic rebound. A New Rally on the Horizon? The cryptocurrency sector is an intriguing market notorious for its enhanced […]<\/p>\n","protected":false},"author":0,"featured_media":49749,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-49748","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/49748"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=49748"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/49748\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/49749"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}