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K33: Bitcoin Market Concerns Overblown, Policy Shift Opens Room for Mid-Term Upside
Summary: According to K33 research director Vetle Lunde in the December market outlook report, the biggest fears facing Bitcoin are distant, hypothetical issues rather than immediate threats, such as quantum risk and potential strategy to sell BTC. While Bitcoin is undergoing its most severe correction since the bear market of 2022-23, the current wave of panic ...
According to K33 research director Vetle Lunde in the December market outlook report, the biggest fears facing Bitcoin are distant, hypothetical issues rather than immediate threats, such as quantum risk and potential strategy to sell BTC. While Bitcoin is undergoing its most severe correction since the bear market of 2022-23, the current wave of panic is driven by exaggerated long-term risks rather than any direct structural threats, with derivatives excess, concentrated selling by long-term holders, and widespread supply distribution being catalysts for the market falling to recent lows. However, a series of mid-term policy and structural developments could significantly enhance Bitcoin's prospects, such as the new 401(k) retirement plan guidance to be introduced by US regulators in February 2026, allowing for cryptocurrency allocation in the $9 trillion retirement market.
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Link: K33: Bitcoin Market Concerns Overblown, Policy Shift Opens Room for Mid-Term Upside [Copy]