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- 📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
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Bitcoin Passed $100,000 But Beware! Investment Expert Warns of Volatility - Coin Bulletin
B**itcoin (BTC), made a rapid entry into the year 2025 and carried out a strong rally by surpassing the $100,000 price level.
Paul Howard, senior executive of the cryptocurrency trading firm Wincent, warns investors to be cautious. Please provide the source language text to be translated. Bitcoin rallied to levels of $102,000 in the first week of the new year. With this rise, the increase in institutional demand is notable, while analysts point to the continuation of volatility. Paul Howard stated that these levels should not be given too much meaning and that price fluctuations may increase in the coming period.
“Volatility is on the way!”
Paul Howard said, "It was normal for institutional investors to stay away from risky assets to prepare their year-end balance sheets. However, we see that demand is picking up again with the start of the new year. 2025 could be a positive year for this asset class. However, it would be healthier to expect an increase in volatility in the next two weeks rather than attach too much meaning to these levels."
Howard also anticipates a more positive atmosphere for cryptocurrencies with the new US administration. However, he emphasized that investors should not rely too much on sudden rises.