FBS Analysts Expect Market Recovery After Recent Bitcoin Decline
Summary
Despite a 28% price drop since the beginning of the year, FBS analysts suggest the current market phase is part of a broader correction and potentially an early stage of a strong rally. If the trend holds, FBS forecasts a return to key levels, with Bitcoin potentially testing $100 000 in the mid-term, and reaching up to $150 000 should liquidity conditions improve further. Though currently consolidating, the market cap of altcoins may recover from $810 billion back toward its previous high of $1.62 trillion as investor confidence returns. They note that historical patterns, sustained institutional interest, and Bitcoin’s positioning as a “digital gold” asset contribute to perspectives on its long-term value. FBS is a global brand that unites several independent brokerage companies under the licenses of FSC (Belize), CySEC (Cyprus), and ASIC (Australia).