The price of Bitcoin (BTC) dropped by 21.3% between February 21 and February 28, releasing the level of $ 78,300 for the first time since November 2024. The correction has led to more than $ 1.6 billion in leverages (buy), adding to the volatility of the market as contracts sold with force. The drop of $ 21,210 marked the largest decrease of seven days in the history of Bitcoin.
Despite the decline, several Bitcoin analysts see this as a strong purchase opportunity. They cite factors such as regulatory developments, exposure to sovereign funds, technical signals and technical signals and the increase in integration with traditional finances, including the adoption of banks as a guarantee and the offers of structured products.
Source: Obviously_obv
User obviously_OBV, who would have a web gaming researcher at Sigil Fund, said that the action of current prices looks like a “bear trap”, while the crypto fear & Greed index has reached its lowest levels since 2022. He also said that government entities in the world are “about to buy Bitcoin”, not just the United States
Likewise, Eric Weiss, CEO of Blockchain Investment Group LP, shared a Digital TEPHRA report describing key events that could generate higher adoption rates and have a positive impact on the Bitcoin price.
Source: Eric_bigfund
According to the report, the next steps include creation in kind and buyout for Bitcoin ETF issuers in the United States, improving market efficiency. Another key factor is the legal classification of bitcoin as a strategic reserve ratio, which would allow BTC deposits to be used as guarantee, similar to gold. Analysts also highlight the growing exposure of sovereign funds and the approval of sales requested by banks as potential catalysts for a wider adoption of Bitcoin.
The APSK32 user, allegedly engineer and passionate about Bitcoin, said that on the basis of four -year historical cycle models, BTC is “on the right track” reaching $ 230,000 at $ 290,000 by December 2025.
Source: APSK32
According to the analyst, traders should “absorb cheap parts” because “the opportunity will not last forever”. From the point of view of ONCHAIN’s analysis, the data suggest that long -term holders were not the main contributors to the Bitcoin fall below $ 80,000, increasing the probability of a rapid recovery of more than $ 95,000.
Source: Charlatan
The user Carlbmenger, author of the Carl ₿ Menger newsletter, noted that “74% of Bitcoin’s losses came from holders who bought last month”. He added that inexperienced merchants fall under pressure, while experienced investors do not remain affected by the price fluctuation.
Beyond the potential purchasing pressure of the nation states, Luke Broyles, an employee of Blockware Mining, explained on X that a single company listed in the United States could acquire 84,090 BTC. This would make it the second holder after the strategy (formerly Microstrategy), which currently contains 499,096 BTC.
Source: Luke_broyles
Broyles’ hypothesis assumes that the company would use all of its cash and equivalent position to buy Bitcoin at $ 88,000 and increase an additional debt of $ 3 billion to increase the assets to $ 110,000. However, even if GameStop has only allocated 20% of its current reserves, this would represent $ 11,765 BTC at $ 85,000, enough to guarantee the fourth position behind Mara Holdings and Riot Platform.
In relation: Gamescop increases 18% after hours on reports he plans to invest in Bitcoin
Different analysis models suggest that the purchase of Bitcoin below $ 85,000 is a gold opportunity, which may not be available long. The characteristics of resistance to bitcoin censorship and digital rarity were not affected by the worsening of the macroeconomic environment. Over time, its price should exceed $ 100,000, reflecting the conviction of its current holders and benefiting from a deeper integration into the traditional financing system.
This article is for general information purposes and is not intended to be and must not be considered as legal or investment advice. The points of view, the thoughts and opinions expressed here are the only of the author and do not reflect or do not necessarily represent the opinions and opinions of Cointellegraph.
