Bitcoin

Bitcoin May Hit Turning Point This Week as Durable Bottom Takes Shape

Grayscale says bitcoin’s sharp weekly rally could mark a turning point after a relatively shallow bear market. Historical cycle comparisons and improving institutional demand suggest the market may be forming a more durable bottom. Grayscale Sees Potential Bitcoin Turning Point Bitcoin’s rapid recovery may signal that its latest bear market has reached a turning point,…

grayscale bitcoin price by cycleGrayscale says bitcoin’s sharp weekly rally could mark a turning point after a relatively shallow bear market. Historical cycle comparisons and improving institutional demand suggest the market may be forming a more durable bottom. Grayscale Sees Potential Bitcoin Turning Point Bitcoin’s rapid recovery may signal that its latest bear market has reached a turning point, […]

Source: https://news.bitcoin.com/market-updates/bitcoin-may-hit-turning-point-this-week-as-durable-bottom-takes-shape/