Can Bitcoin hold its ground? Capital outflows, sell-off waves, and new opportunities with Layer 2

【Crypto World】Recently, opinions on the outlook for Bitcoin in the market have become somewhat divided. A senior analyst in the commodities market issued a forecast, suggesting that Bitcoin could drop to around $50,000 next year, citing ongoing selling pressure and the strong performance of gold over the past two years. The combination of these two forces could potentially impact the crypto assets.

It sounds a bit concerning, but the data is also in front of us—recent fund flows are indeed changing. Industry insiders have observed that liquidity originally flowing into Bitcoin is now shifting toward traditional assets like stocks and precious metals. In other words, risk appetite is decreasing, and funds are reallocating. This shift is putting short-term pressure on the crypto market.

However, there are also new developments within the ecosystem. Bitcoin’s layer-two scaling solution Hyper has raised over $30 million during its pre-sale phase, indicating that investors are still optimistic about scaling solutions. Once scalability issues are addressed, improvements in transaction costs and efficiency could open up new application spaces. It seems the market still has confidence in the long-term development, but there may be some short-term volatility.