eToro Founder expects Bitcoin's next round of gains may begin next year
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AT A GLANCE
Yoni Assia expects a new Bitcoin rally to begin next year, but there may be another bout of volatility beforehand.
Article
eToro Founder: Bitcoin's new upward trend is expected to begin next year
BlockBeats news,October 27,eToro Founder Yoni Assia stated that Bitcoin may experience another "setback" before beginning its next upward cycle, and he expects the new upward trend to begin next year.
Original link https://m.theblockbeats.info/flash/373975
Key points
01
BlockBeats reported that eToro Founder Yoni Assia issued a forecast on Bitcoin's price trend.
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Yoni Assia stated that Bitcoin may still encounter another “setback” before beginning its next upward cycle.
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Yoni Assia expects Bitcoin's new round of gains to begin next year.
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The date indicated for the news is October 27。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a personal market prediction: the speaker believes that Bitcoin may first experience volatility before beginning a new upward move. Both “may” and “is expected to” indicate that this has not yet occurred and is not a certain outcome.
Why it matters to readers
The view conveys that volatility may occur in the short term, followed by a potential rise, which may influence readers’ expectations for Bitcoin’s subsequent market performance, but it cannot prove that prices will necessarily develop accordingly.
Beginners should treat such statements as opinions rather than buy-or-sell signals, and should not interpret “starting next year” as a certain timetable.
Risks and unknowns
The forecast has not yet materialized, and future trends cannot be confirmed from this text.
The evidence provides only a brief BlockBeats summary, without the full statement.
“Next year” is not converted into a specific year in the body of the evidence.
The specific meaning, magnitude, and duration of “setbacks” are not stated.
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