On June 9, Andrei Grachev, managing partner of DWF Labs, posted on social media that “Bitcoin (BTC) is technically a crypto asset, but in reality it is more like a traditional financial asset (TradFi), and its share in the fiat market will only increase.” Therefore, we can expect that the price of bitcoin will only rise in the long run, and the trading volume will only decline in the long term."
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DWF Partners: Expect Bitcoin prices to be bullish in the long term, but volume is expected to decline in the long term.
On June 9, Andrei Grachev, managing partner of DWF Labs, posted on social media that “Bitcoin (BTC) is technically a crypto asset, but in reality it is more like a traditional financial asset (TradFi), and its share in the fiat market will only increase.” Therefore, we can expect that the price of bitcoin will only rise in the long run, and the trading volume will only decline in the long term."