9 Reasons Why The Bitcoin Bottom May Already Be In:

Expert $BTC 12min ago by newsbtc.com

Swan Bitcoin Managing Director John Haar argued on Wednesday that the market’s repeated comparison between the current cycle and the 2022 bear market misses a fundamental point: the backdrop has changed. In a post on X, Haar said Bitcoin’s roughly $65,000 to $70,000 range has acted as a floor for the past two months and may already represent the cycle bottom. His case rests on a simple distinction. The forces that broke Bitcoin in 2022: inflation shock, aggressive monetary tightening, collapsing liquidity and industry-wide contagion are, in his view, either gone or materially weaker today