Is Bitcoin finally nearing a bottom? Bitwise CIO Matt Hougan answers
Bitwise CIO Matt Hougan believes Bitcoin may be nearing a market bottom, citing subdued trading, investor apathy and a lack of sellers. He sees potential for upside volatility and remains optimistic about Bitcoin’s performance through year-end as the cryptocurrency trades near $71,647.
JUST IN: Bitwise CIO says Bitcoin "looks like it's near a bottom...it looks a little bit like some coiled volatility in there that may come up on the upside." 👀 "When I look at the market today I'm feeling pretty optimistic about where we go for the rest of the year." 🚀 pic.twitter.com/cN3Q7xsjHK
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