Close Menu
ApeWatcher News
  • Home
  • Advertise
  • Headlines
  • Crypto
    • News
    • Bitcoin
    • Ethereum
    • Altcoin
    • View All
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Rates
  • Videos
  • Listing Platform
  • BSC
  • ETH
  • Listing Platform
  • BSC
  • ETH
What's Hot

Belo Horizonte to Become ‘Bitcoin Capital’ With New Bill

May 10, 2025

BlackRock’s Bitcoin ETF posts $356M inflows, longest inflow streak in 2025

May 10, 2025

Steak ’n Shake Goes Full Crypto — 100M Can Pay With Bitcoin Next Week

May 10, 2025
X (Twitter) Telegram
  • Listing Platform
  • Home
  • BSC
  • ETH
Advertise
X (Twitter) Telegram
ApeWatcher News
  • Headlines
  • Crypto
    1. News
    2. Bitcoin
    3. Ethereum
    4. Altcoin
    5. View All

    Belo Horizonte to Become ‘Bitcoin Capital’ With New Bill

    May 10, 2025

    BlackRock’s Bitcoin ETF posts $356M inflows, longest inflow streak in 2025

    May 10, 2025

    Steak ’n Shake Goes Full Crypto — 100M Can Pay With Bitcoin Next Week

    May 10, 2025

    Bitcoin won’t see ‘gigantic’ SWF buying until laws greenlit: Scaramucci

    May 10, 2025

    BlackRock’s Bitcoin ETF posts $356M inflows, longest inflow streak in 2025

    May 10, 2025

    Bitcoin won’t see ‘gigantic’ SWF buying until laws greenlit: Scaramucci

    May 10, 2025

    Bitcoin yet to hit $150K because outsiders are ghosting — Michael Saylor

    May 10, 2025

    Trader Says Market Primed for Strong Reversal After Bullish Move – Here’s His Target for Ethereum and Altcoins

    May 9, 2025

    Ethereum price greenlit for further upside after surprise 29% ETH rally

    May 10, 2025

    Bitcoin holds the bulk of its gains from this week’s rally to $100,000, altcoins turn bullish

    May 9, 2025

    Ethereum’s new staking limit is not a risk to decentralization, says Consensys researcher

    May 9, 2025

    Bitcoin hits $103K but DeFi is a mixed bag: Finance Redefined

    May 9, 2025

    Solana price gained 500% the last time this SOL metric turned bullish

    May 9, 2025

    NFT-Ecosystem Token Built on Solana (SOL) Falters After Gaining Surprise Support From Binance Futures

    May 9, 2025

    Zerebro dev is reportedly alive and at parents’ house: SF Standard

    May 9, 2025

    SEC’s Crenshaw slams Ripple settlement, warns of ‘regulatory vacuum’

    May 9, 2025

    Belo Horizonte to Become ‘Bitcoin Capital’ With New Bill

    May 10, 2025

    BlackRock’s Bitcoin ETF posts $356M inflows, longest inflow streak in 2025

    May 10, 2025

    Steak ’n Shake Goes Full Crypto — 100M Can Pay With Bitcoin Next Week

    May 10, 2025

    Bitcoin won’t see ‘gigantic’ SWF buying until laws greenlit: Scaramucci

    May 10, 2025
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Videos

    Top 14 Crypto Coins that will EXPLODE in MAY 2025!! [URGENT]

    May 9, 2025

    IT STARTED: Bitcoin Price SOARS Past $100k – Here’s What Comes Next

    May 8, 2025

    BREAKING: BITCOIN ALL TIME HIGHS NOW ($104,000 PUMP)

    May 8, 2025

    Crypto PUMPING! Did Trump Trigger the Bull Run?

    May 8, 2025

    Trade Deal Secrets REVEALED! How the UK Played the Game

    May 8, 2025
ApeWatcher News
Home » Bitcoin Still in the Early Stages of a Bull Market, Says BTC Veteran Adam Back – Here’s His Outlook
Bitcoin Still in the Early Stages of a Bull Market, Says BTC Veteran Adam Back – Here’s His Outlook
Bitcoin

Bitcoin Still in the Early Stages of a Bull Market, Says BTC Veteran Adam Back – Here’s His Outlook

The Daily HodlBy The Daily HodlFebruary 21, 20250 ViewsNo Comments
Share
Facebook Twitter LinkedIn Pinterest Email

Blockstream CEO Adam Back says that Bitcoin (BTC) is still in the early stages of the current bull market as the adoption of the flagship crypto asset mounts.

In a new interview with CNBC, Back says that Bitcoin’s buying demand remains high across various investing segments, including exchange-traded funds (ETFs), and that the bull market is far from over.

“I think we’re certainly in the early stages of the bull market at this point. You know, typically the bull market cycle lasts for a certain period after the halving, and so we’re still in the early innings. I think there are very stiff inflows from ETFs buying about two times the Bitcoin mined per day, MicroStrategy and the other Bitcoin treasury companies buying another two times, and the retail buyers and dollar-cost-average investors. So really, that’s a lot of inflow.”

Back predicts Bitcoin will soon start printing a series of rallies and may see an explosive breakout if governments start adopting Bitcoin strategic reserves.

“I think temporarily there’s some consolidation, because some earlier investors, sort of mid-term investors’ profit taking. But that overlay would set us up for a price where you start to see Bitcoin competing with gold, perhaps pulling money out of gold ETFs, into Bitcoin, ETFs. And then, of course, if the treasuries come in, like the sovereign treasuries, the Bitcoin reserves, that would be something where you’d see sovereign competition, as soon as one of the bigger countries jumps in, I think the others will feel forced to follow suit, so all bets will be off if that happens…

I think there’s a lot more capital in the institutional space of pension funds and mutual funds. So there’s a lot of room for capital to come in in this cycle.”

Bitcoin is trading for $98,247 at time of writing, up 1.4% in the last 24 hours.

?

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Follow us on X, Facebook and Telegram

Generated Image: Midjourney



Read the full article here

Follow us on Google News to get the latest Updates

 
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

BlackRock’s Bitcoin ETF posts $356M inflows, longest inflow streak in 2025

May 10, 2025

Bitcoin won’t see ‘gigantic’ SWF buying until laws greenlit: Scaramucci

May 10, 2025

Bitcoin yet to hit $150K because outsiders are ghosting — Michael Saylor

May 10, 2025

Trader Says Market Primed for Strong Reversal After Bullish Move – Here’s His Target for Ethereum and Altcoins

May 9, 2025

TeraWulf Q1 loss widens amid rising costs, falling revenue

May 9, 2025

Bitcoin (BTC) and Overall Crypto Market Cap Jump as US President Donald Trump Rolls Out Post-Tariffs UK Trade Deal

May 9, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Articles

Belo Horizonte to Become ‘Bitcoin Capital’ With New Bill

May 10, 2025

BlackRock’s Bitcoin ETF posts $356M inflows, longest inflow streak in 2025

May 10, 2025

Steak ’n Shake Goes Full Crypto — 100M Can Pay With Bitcoin Next Week

May 10, 2025
ApeWatcher News
X (Twitter) Telegram
  • Privacy Policy
  • Sources
  • Terms and Conditions
  • Contact
  • Advertise
© 2025 Ape Watcher News

Type above and press Enter to search. Press Esc to cancel.