Bitcoin Is Being Sold Into A Market With 'Ample Demand' From Institutions, Says Marathon CEO Fred Thiel
Bitcoin Is Being Sold Into A Market With 'Ample Demand' From Institutions, Says Marathon CEO Fred Thiel
Political support, notably from president-elect Marathon Holdings (NASDAQ:MARA) CEO, Fred Thiel believes Bitcoin (CRYPTO: BTC) will not see the volatility of the past years, citing multiple factors for his hypothesis.
Marathon控股（納斯達克：MARA）首席執行官弗雷德·蒂爾認爲比特幣（加密貨幣：BTC）將不會再經歷過去幾年的波動，他提到了多個因素支持他的假設。
What Happened: In an appearance on CNBC's Street Signs show on Monday, Thiel noted that the cryptocurrency's recent momentum stems from increasing institutional interest, favourable political signals and strategic investments rather than traditional factors like the halving.
發生了什麼：在週一出現在CNBC的《街頭標誌》節目中，蒂爾指出，加密貨幣最近的勢頭來源於不斷增加的機構興趣、有利的政治信號和戰略投資，而不是傳統的減半等因素。
Thiel highlighted how the launch of Bitcoin ETFs earlier this year initially attracted retail investors, but institutions, including pension funds and corporations, soon followed, pouring capital into Bitcoin-related equities.
蒂爾強調了今年早些時候比特幣ETF的推出最初吸引了零售投資者，但包括養老基金和公司在內的機構們很快跟進，向比特幣相關的股票注入資金。
Political support, notably from president-elect Donald Trump's pro-Bitcoin stance emphasizing U.S.-based mining and Bitcoin reserves, has amplified optimism for a favourable regulatory environment.
從特朗普概念競選總統開始對比特幣的支持立場，強調美國本土挖礦和比特幣儲備，政治上的支持，加劇了人們對有利的監管環境的樂觀情緒。
Thiel believes these developments may drive other nations to adopt similar strategies, boosting Bitcoin's long-term potential.
蒂爾認爲這些發展可能會驅使其他國家採取類似的策略，增強比特幣的長期潛力。
Market demand remains strong, with long-term holders liquidating some positions for profit being offset by institutional and retail buying.
市場需求依然強勁，長揸者爲盈利而清倉一些頭寸，但機構和零售購買行爲抵消了這一影響。
Companies like MicroStrategy (NASDAQ:MSTR) and others have aggressively purchased Bitcoin, supported by billion-dollar bonds at low interest rates.
像MicroStrategy（納斯達克：MSTR）等公司一直在低利率的數億美元債券支持下積極購入比特幣。
Also Read: Why Bitcoin's Rally Is Stalling Below $100,000
也可閱讀：比特幣的漲勢在10萬美元以下停滯不前
Why It Matters: Unlike previous cycles marked by sharp corrections, Thiel expects Bitcoin's future to be defined by reduced volatility and sustained growth due to strong market demand.
爲什麼它重要: 不同於以往由急劇調整標誌的週期，蒂爾預計比特幣的未來將以波動降低和持續增長爲特徵，這是由於強勁的市場需求。
He noted that "every single Bitcoin purchased was recently in profit," showing the strength of the current market.
他指出"每一筆比特幣交易最近都處於盈利狀態"，顯示了當前市場的實力。
While price fluctuations remain inevitable, general trend for Bitcoin will continue to move upward, supported by a growing base of institutional buyers stabilizing the market.
雖然價格波動仍然不可避免，比特幣的總體趨勢將繼續向上走，得到越來越多機構買家群體的支持，穩定市場。
Thiel suggests that Bitcoin's extreme volatility, characterized by sharp peaks and significant drawdowns of 20-30%, may be a thing of the past, at least in the near term.
蒂爾暗示比特幣的極端波動性，特點是急劇高峰和大幅回撤20-30%，可能會成爲過去式，至少在短期內是這樣。
Thiel revealed that Marathon raised a billion-dollar bond at zero percent interest alongside MicroStrategy, using the funds to acquire significant Bitcoin holdings. He stated, "Anybody who's selling is selling into a market where there's ample demand," further emphasizing his confidence in Bitcoin's upward trajectory.
蒂爾透露，M公司和MicroStrategy公司發行了一億美元零利率債券，利用這些資金獲取大量比特幣持倉。他表示:"任何正在出售的人都是在一個需求充足的市場中出售，"進一步強調了他對比特幣上漲路徑的信心。
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Image: Shutterstock
圖片：shutterstock
譯文內容由第三人軟體翻譯。
