- Experts from JPMorgan (NYSE:) and DailyFX say crypto winter is here.
- However, other experts say the market has already bottomed out.
- Also, there is a rising inflow into stablecoins according to recent reports.
Experts from JPMorgan and DailyFX are claiming that we are in a crypto winter. However, other experts like John Bollinger disagree. The Bollinger Band technical indicator creator believes BTC has already bottomed out at $30,000.
reached the all-time high of $64,804.72 back in April. However, the top crypto has since fallen by almost 50% to $33,039.01 at the time of writing. Bitcoin is actually up 1.5% in the last 24 hours after testing the $30,000 resistance level. Although the top crypto seems to be rebounding, experts believe that things could get worse.
To make matters worse, the dr…
This article was first published on coinquora.com
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