Bitcoin May Have Already Bottomed—If the Fed Helps, Says Grayscale

60-second summary

Grayscale believes Bitcoin may have already bottomed, signaling the end of the four-year cycle, as macro forces and the Fed's next move take precedence. The asset manager suggests a shift in market dynamics, where Bitcoin's price follows broader economic trends rather than its traditional cycle. This could lead to a sustained recovery, pending the Fed's actions.