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▲ 비트코인(BTC)/챗GPT 생성 이미지 ©
As Bitcoin (BTC) solidified its $60,000 floor and broke past $78,000, showing a strong recovery, optimistic analyses from Wall Street experts are pouring in, declaring the virtual asset market has entered a new bull run, significantly raising investor expectations.
According to crypto media outlet Bitcoinist on April 24 (local time), Bitwise research analyst Ismael Asad diagnosed that Bitcoin has clearly entered a bull market phase. He emphasized that the leading cryptocurrency's strong resilience, bouncing back even amidst major negative news after falling to $60,000 following an all-time high in 2025, is a key signal of a bull market transition.
Behind this optimism are macroeconomic tailwinds such as the easing of geopolitical tensions, including Iran's ceasefire extension, and improved market sentiment. Rajeev Sauney, Head of International Portfolio Management at Wave Digital Assets, explained that the easing of tensions led to a more stable economic outlook being reflected in prices, driving up Bitcoin, a risk asset. Furthermore, improved spot demand for Ethereum (ETH) and the Bitcoin Fear & Greed Index, which had been in extreme fear and sideways movement, turning back into the 'Greed' zone, are supporting strong buying sentiment.
Jack Pandl, Head of Research at Grayscale, also analyzed that Bitcoin has likely already formed the final price bottom of this cycle around the $60,000 mark. He cited the establishment of a solid support base at the $63,000 level, followed by a rally of over 20% to break past $76,000, as evidence that the risk of further downside is virtually over.
Market experts are also paying close attention to the realized value, which represents the average cost at which coins moved on the blockchain. The realized value for investors who purchased coins between the last 1 to 3 months is approximately $74,000, meaning that with the recent price rebound, many new entrants have finally surpassed their break-even point, which is expected to provide stronger momentum for future upward movement.
*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*
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