Has Bitcoin Already Bottomed? Grayscale Says Macro Signals Matter More
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Crypto debate splits between proponents of the traditional four-year Bitcoin cycle and analysts who say the bear market bottom may already be in. Institutional manager Grayscale publicly favors the view that the bottom is in, signaling increased institutional confidence that could support Bitcoin adoption, funding and price recovery.
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The debate over when Bitcoin’s bear market will end is largely split between two views. One camp still holds on to the traditional four-year cycle, while the other believes that the bottom may already be in.
Grayscale, for one, favors the latter.
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$ 65.11K
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