The Funding: Is the bitcoin bottom in? Crypto funds weigh in
The Block·
60-second summary
Crypto funds are weighing in on the bitcoin bottom, with some sharing cautious optimism. 30% of surveyed funds believe the current price is a buying opportunity, while 40% remain neutral, and 30% expect further declines. Market participants are closely watching the $25,000-$28,000 range for potential support, with implications for a potential market recovery.
Crypto funds share their outlook on bitcoin, the biggest risks ahead, and where they see the best risk-reward opportunities today.