PANews February 21 News, UniCredit strategist Thomas Strobel stated that the recent decline in Bitcoin mainly reflects weak market sentiment and macroeconomic pressures. Although the easing of regulatory uncertainty in the United States has somewhat reduced policy risks, the bank maintains a neutral stance, estimating Bitcoin’s fair value at approximately $75,000. If the price drops about 35% below this level, especially if it remains below $50,000, it could indicate a deeper structural shift. For Bitcoin to recover, it needs improved sentiment, a rebound in ETF capital inflows, and an overall improvement in liquidity conditions.
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