The head of research at Grayscale, Zach Pandl, said that the low price of around $58K for Bitcoin around June 30 was the bottom he expects for the current down market phase, and that Grayscale is currently advising clients to allocate capital into Bitcoin.
Pandl said Grayscale’s analysis is based on three factors, including long-term structural trends, the stage of the market cycle, and the macroeconomic backdrop.
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This is information, not investment advice.
#BTC
Pandl said Grayscale’s analysis is based on three factors, including long-term structural trends, the stage of the market cycle, and the macroeconomic backdrop.
______
This is information, not investment advice.
#BTC
