Fred Thiel Predicts Stable Bitcoin Market Ahead
Fred Thiel of Mara foresees a shift in Bitcoin volatility as strong institutional demand stabilizes the market. He notes that the days of experiencing 20 to 30% drawdowns after price peaks for Bitcoin may be over. Instead, he anticipates an upward trend for Bitcoin prices in the near future due to this growing demand.
Thiel’s perspective provides a hopeful outlook for Bitcoin enthusiasts as the market evolves.
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