BUSINESSTHE BLOCK
‘I think we’re nearing the bottom’: Bitwise CIO says Strategy’s STRC selloff is part of bitcoin’s end-of-cycle dynamics
Bitwise CIO Matt Hougan states that Strategy's STRC selloff is an example of 'end-of-cycle' deleveraging typical of bitcoin markets before a potential bottom is reached.
Related Signal
Adjacent reporting
- Prediction market traders bet bitcoin's selloff has further to run
- These bitcoin metrics suggest February’s $60,000 selloff may have marked the bottom
- Tom Lee calls Strategy's bitcoin sale classic 'bottom behavior'
- Bitcoin Selloff Leaves Half of All Supply Trading at a Loss
- ‘The low is almost in’: Standard Chartered says bitcoin bottom near after tough week for crypto