Recently, Bitcoin’s value dropped 12% to a low of 74,000 USD, marking a 30% fall from its all-time high of 109,500 USD.
Quinn Thompson’s optimistic prediction for BTC is based on potential macroeconomic shifts, including tax cuts and deregulation.
While there is long-term optimism, short-term trader sentiment is cautious, with increased demand for puts indicating market concerns about downside risks.
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