If Trump's inauguration has only offered Bitcoin that a flashing at $ 109,000, other tremors may well propel it even higher. Among them, the spectacular tumble of Nvidia and the enthusiasm of the giants crypto for the IPOs. Between swollen valuations and well-oiled financial strategies, experts are already seeing crypto-shared resume its ascent. But beware, some turbulence could precede the party …
Nvidia in free fall: a springboard for Bitcoin?
On January 27, Nvidia achieved a feat that it would have been well: erase $ 600 billion from its valuation In one day, an absolute heavy fall record for Wall Street. In question? Deepseeka Chinese artificial intelligence firm, which revealed a rivaling model with Chatgpt, sowing the panic on the semiconductor market.
But where some people cry, Bitcoin could laugh. Less investment in AI means less inflationand therefore, a more lenient Fed. An ideal situation for risky assets such as the BTC, which could see its price doped by the leakage of capital out of tech.
As emphasizes 10x Researchthe drop in IA expenses leaves More space for share buybacks And calm inflationary ardor, opening the door to a crypto-shad rally.
Raoul Pal, he tempers enthusiasm: Bitcoin should touch A local summit of $ 110,000 before a fall under $ 70,000.
“” There have been many imitations of this graph with bad phasing. Here is the original updated by Global Macro Investor. You are welcome. »»
A warning not to be taken lightly, even if, for many, it is only a false flat before a new ascent.
Ryan Lee, chief analyst at Bitget, adds:
“” In addition, the anticipation of American regulations on cryptocurrencies continues to be a key factor. With the expectation of lighter executives and an institutional commitment, regulatory clarity – in particular around Bitcoin ETF and compliance measures – could give a boost to market confidence. »»
The crypto market under IPO infusion
Besides Nvidia, another factor may well increase the bitcoin at the top: IPOs (Initial Coin Offering) Mastodon of the Crypto market. No less than ten large firms plan to go on the stock market in 2025, with a combined valuation bordering on $ 100 billion.
And who says introduction with a fanfare, says BTC courses artificially maintained at altitude.
- Private valuation before IPO: approximately $ 73.9 billion;
- Expectations of valuation after IPO: between 100 and 150 billion dollars;
- Potential increase in valuations: from 50 % to 100 %;
- Implicit objective: to maintain bitcoin at record levels to attract investors.
This is not a first: in 2021, before the Improvement of Coinbase, intense efforts had been deployed to boost the price of the BTC. This time again, the story seems to be repeated, with a “ Clear incitement to keep Bitcoin dear “, According to 10x Research.
But beware of excess: with American debt reaching $ 36,000 billionliquidity could contract, and the market would then experience a temporary correction under $ 70,000 before a recovery.
Don't panic! The recent fall in Bitcoin is not worrying, the experts say. The liquidation movements that have shaken the market are part of a classic volatility scheme. And if the story is repeated, after each correction, the BTC always ends up starting again.
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