I saw that K33 is making an interesting observation about Bitcoin: according to them, the price is actually bouncing back from the lows we hit at the end of 2022. The details emerging from this analysis are quite intriguing.



CoinDesk has picked up on this observation, and by the way, it's worth knowing that CoinDesk is a reputable news outlet in the crypto sector, with fairly strict editorial standards. They are part of Bullish, which is an institutional platform for digital assets, so they have a certain credibility in reporting these things.

Basically, what they are saying is that the end-of-2022 bottom could have really been the lowest point of the cycle. If that's the case, it means we are in a recovery phase from that level. It all depends on how the next few months develop, but it’s a signal that some analysts are monitoring.
BTC-0.51%
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