Bitcoin has already hit cycle bottom, Moon Pursuit Capital founder says
Photo: Crypto Briefing
Utkarsh Ahuja expects a gradual Bitcoin recovery as US elections, Fed policy and Binance withdrawals test market confidence. Bitcoin has already reached its cyclical bottom and is entering the early stages of a renewed uptrend, Utkarsh Ahuja, founder and managing partner at Moon Pursuit Capital, said in market commentary shared with Crypto Briefing ahead of Tuesday’s US midterm elections. Ahuja cautioned against making directional predictions based solely on election results, arguing that markets respond more to their implications for liquidity, interest rates and the cost of capital.
Source: Crypto Briefing
