empty
04.04.2022 11:42 AM
VanEck believes Bitcoin can reach $1 million

At the beginning of 2022, investors changed their approach to investing in the cryptocurrency market and specifically Bitcoin. The changes were associated with geopolitical processes and the economic crisis, which was provoked by a large-scale war on the territory of Ukraine. High-risk assets faded into the background, and investors focused on protecting existing capital. In this regard, gold showed a significant increase, which is historically considered a reserve vehicle for big capital.

This image is no longer relevant

However, subsequently, there was a local return to the normal flow of pre-war investment flows. This was evident in the growth of quotes of indices of high-risk assets, such as SPX. Despite this, Bitcoin has significantly reduced its correlation with high-risk financial instruments, which also indicates a gradual transformation of the asset. Glassnode data confirms that the positive correlation index between BTC and SPX has reached the level of Q4 2020.

At the same time, the cryptocurrency managed to update the local high at around $48k. This is a direct consequence of the fact that investors began to consider Bitcoin as a means of hedging risks, as well as the main reserve financial instrument. And if the ability of cryptocurrencies to protect capital from inflation, and even increase it, has long been known to everyone, then the use of Bitcoin as a reserve is a relatively new trend.

Investment flows into cryptocurrency with such a stated purpose began after Biden signed a decree on the regulation of the crypto industry. This turned out to be a very important signal for large investors. However, a much more important reason for increased interest in Bitcoin as a reserve was the freezing of the entire dollar and gold and foreign exchange reserves of the Russian Federation.

This image is no longer relevant

Large companies and hedge funds have realized that the U.S. dollar and gold are not full-fledged guarantors of capital protection. Unlike Bitcoin, which has a decentralized structure and anonymity that allows you to sell assets for your own purposes, regardless of sanctions. This makes the cryptocurrency an attractive reserve with large revenue potential.

The Luna Foundation company in March acquired BTC worth about $1.4 billion to secure its stablecoin. This example can significantly increase the investment attractiveness of an asset in a new incarnation. VanEck even admits that the cost of one BTC coin can reach $1.4–$4 million if the cryptocurrency is made a global reserve. And taking into account the fact that both Bitcoin and gold have increased in price since the start of the war, it can be assumed that cryptocurrencies have the potential to replace precious metals as a full-fledged reserve in the long term.

Despite this, Bitcoin has stalled at around $46k in the long term. The cryptocurrency failed to make a bullish breakdown of the $48k mark due to the low activity of large investors. Bitcoin simply did not have enough purchase volumes to continue the upward movement. With this in mind, the asset reached the local support zone at $45k–$46k.

The asset is confidently holding at the 0.236 Fibo level, but before fixing the price and starting consolidation, the cryptocurrency tested the $44.2k mark, where the 0.382 Fibo level passes. As of April 4, we should expect the flat dynamics to remain, since the last three candlesticks do not demonstrate prerequisites for an impulsive movement in any direction.

This image is no longer relevant

Artem Petrenko,
Analytical expert of InstaForex
© 2007-2025
选择时间框架
5
分钟
15
分钟
30
分钟
1
小时
4
小时
1
1
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

推荐文章

在成功突破並收盤於上升趨勢線下方後,比特幣將於2024年7月4日星期五測試其支撐位Support.1。

比特幣——2025年7月4日,星期五。 比特幣ETF流入約500億美元,顯示出投資者的強烈興趣,因此增強了這種加密貨幣的合法性,這可能引發比特幣的漲勢。

Arief Makmur 07:58 2025-07-04 UTC+2

Ripple 有潛力在 2025 年 7 月 4 日(星期五)調整並走弱至支撐位 2.1924。

Ripple – 星期五,2025 年 7 月 4 日 友好的監管壓力和美國證券交易委員會(SEC)的案件似乎已經停滯不前,加上在衍生品市場中的未平倉利息增加了30%,這些因素可以為Ripple帶來正面情緒。 關鍵水平 1. 阻力位. 2 : 2.5858。

Arief Makmur 07:58 2025-07-04 UTC+2

7月4日加密貨幣市場交易建議

比特幣在11萬美元左右遇到了顯著阻力,近期內很難輕易突破這一水平。以太坊同樣面臨攻上2,600美元的困難。

Miroslaw Bawulski 07:27 2025-07-04 UTC+2

7月3日加密貨幣市場的交易建議

受惠於有利的宏觀經濟條件,比特幣和以太幣的價格再次上漲,達到每週新高。在過去的24小時內,比特幣上漲了2.5%,交易價格超過109,000美元。

Miroslaw Bawulski 08:47 2025-07-03 UTC+2

7月2日加密貨幣市場的交易建議

比特幣延續其修正,在今天的亞洲交易時段達到新的水準$105,000。以太坊也出現大幅下跌,但隨即被買回,穩定在約$2,425。

Miroslaw Bawulski 08:33 2025-07-02 UTC+2

7月1日加密貨幣市場交易建議

比特幣未能守住$108,000的關口,跌至較為可接受的$107,000左右區域。以太坊也在月底顯示出疲弱跡象,無法保持在$2,500上方,回落至$2,460。

Miroslaw Bawulski 08:55 2025-07-01 UTC+2

本週可能影響加密市場的關鍵事件

比特幣已經回落到108,000美元以下,而以太坊在週末短暫升至2,500美元以上後再次回落。顯然,交易者將密切關注本週即將發布的幾項宏觀經濟數據,以及在歐洲央行論壇上發表演說的央行決策者的言論。

Jakub Novak 14:53 2025-06-30 UTC+2

6月30日加密貨幣市場的交易建議

比特幣和以太坊在週末持續增長,即使在主要加密貨幣接近其歷史高點的情況下,也顯示出穩定的需求。當大家都在期盼比特幣即將突破112,000美元的水平時,我發現了一些關於2025年上半年的駭客攻擊和盜竊的相當有趣的報告。

Miroslaw Bawulski 09:30 2025-06-30 UTC+2

6月27日加密貨幣市場交易提示(北美交易時段)

比特幣再次嘗試回到108,000美元的水平,但未能維持並向下修正,跌破107,000美元,這一走勢可能導致該工具的更大規模拋售。 與此同時,許多專家認為比特幣很快可能會超過先前的歷史高位112,000美元,尤其是在伊朗-以色列衝突看似暫告一段落的情況下。

Miroslaw Bawulski 15:47 2025-06-27 UTC+2

又一大型企業宣布籌集10億美元購買比特幣

加密貨幣市場顯示出強勁的信心。鑑於其與美國股市的相關性——歷史高點不斷刷新——有理由期待數位資產進一步增長。

Jakub Novak 10:50 2025-06-27 UTC+2
现在无法通话?
提出您的问题,用 在线帮助.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.