Bitwise Europe Research Head: Bitcoin Could Bottom Out This Month

BTC2.53%
According to Andre Dragosch, Head of Research at Bitwise Europe, Bitcoin could reach its bottom this month, potentially beginning a new uptrend sooner than the general market expects. Dragosch noted that a strong rebound in semiconductor sector stocks could serve as a significant catalyst for crypto assets; such a rally might increase the likelihood that the U.S. Federal Reserve adopts a more dovish monetary policy stance, easing pressure on risky assets like Bitcoin.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments