Mark Moss, an American entrepreneur and venture capitalist, has expressed confidence in the stability of Bitcoin's market trends, countering widespread expectations of a major price correction. In an interview with Coin Stories host Natalie Brunel, Moss highlighted that Bitcoin's volatility has significantly decreased following the introduction of ETFs. He noted that while global trading institutions have tried to profit from Bitcoin through strategies like option rolling, these have underperformed this year.
Moss emphasized that the combined Bitcoin purchases by ETFs and treasury companies are approximately ten times the new supply, creating a strong supply-demand imbalance. He believes that the unlocking of old positions can satisfy current demand, and the upcoming supply halving will have a limited impact on the market. This perspective suggests a more stable outlook for Bitcoin, contrary to the anticipated drawdown by many investors.
Mark Moss Predicts Stability in Bitcoin Market Despite Investor Concerns
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