Bloomberg analysts: Bitcoin's pullback this year is normal volatility, and it still maintains an average annual growth rate of about 50%.
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TL;DR
Bloomberg analysts view Bitcoin's 2025 pullback as normal volatility after a strong 2024 surge, noting it maintains a ~50% average annual growth rate and market overreaction is common in assets like stocks.
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BitcoinLayer 1Halving TokensvolatilityBloomberg analystsETFcryptocurrency
According to Mars Finance, Bloomberg ETF analyst Eric Balchunas wrote that Bitcoin's performance this year is more of a natural pullback after last year's exceptionally strong surge. Bitcoin rose 122% in 2024, roughly five times the increase of other assets. Therefore, even if it trades sideways or experiences a slight correction in 2025, as long as it maintains an average annual increase of around 50%, this kind of "cooling-off period" is normal. He stated that the market has overreacted to Bitcoin's pullback, and similar situations are quite common in traditional assets such as stocks.