TechFlow news, December 7 — According to CoinDesk, K33 Research analyst Vetle Lunde said December could mark a turning point for the recent crypto market. The market has overreacted to distant threats such as quantum computing risks and the possibility of Strategy (MSTR) selling Bitcoin, while overlooking near-term positive signals like potential allowance of cryptocurrencies in 401(k) retirement accounts and the Federal Reserve's shift toward supporting cryptocurrencies. K33 believes structural upside momentum is forming. Bitcoin’s current valuation reflects market panic rather than fundamental factors, and the probability of a significant market rally is much higher than another 80% decline, making December a potential bold accumulation opportunity.
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