Bitcoin is up 71% over the past year, but investors still feel frustrated with the recent performance of the world’s largest cryptocurrency.
That’s because Bitcoin is down nearly 10% from its all-time high of $124,000 last month, currently trading around $112,000.
Overall, Bitcoin remains one of the best-performing assets in history. However, lately, it seems to be stuck in a slump.
Is this a bug in Bitcoin’s code? At least one analyst, Jordi Visser, believes the pullbacks are actually part of steady growth and warns that more pullbacks could become common even as Bitcoin continues to rise.
This brings us to Bitcoin Hyper ($HYPER), which could be one of the next crypto to explode given the bullish context bubbling up.
The Nvidia Parallel
Visser compares Nvidia, the semiconductor giant whose stock skyrocketed during the AI boom. Less than three years after ChatGPT’s rise, Nvidia’s stock surged by over 1,000%.
Yet during that ascent, it weathered five corrections o
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