The air for Bitcoin bears ‘is getting very thin,’ new ATH by Q1 end — Analyst
The favorable macro-environment leaves little room for doubt that Bitcoin is headed for new highs by the end of Q1 2025, making it very “thin air” for bears right now, according to a crypto analyst.
Bitcoin bears may find it harder to remain confident in a near-term price dip, according to a crypto analyst who points out that the pro-crypto macro environment signals new all-time highs are likely by the end of March.
“The air is getting very thin for bears right now. We expect Bitcoin to hit fresh highs by the end of the quarter,” crypto exchange Swyftx lead analyst Pav Hundal told Cointelegraph.
Hundal pointed out that the Bitcoin (BTC) market has returned to the volatility levels last seen in November, around the US election and before the “initial euphoria” that followed Donald Trump’s victory as President on Nov. 5.
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Author: Ciaran Lyons
