Bitwise Research Head Says Bitcoin May Bottom Before October as July Marks Potential Trend Shift

Bitwise Europe research head André Dragosch said July appears to be a turning point for Bitcoin as it shifts from a bear market toward a bull market. According to Odaily, Dragosch added that if semiconductor stocks reverse sharply from current levels, the U.S. Federal Reserve may respond with a more dovish stance. Dragosch said his base-case view is that Bitcoin is likely to bottom earlier than October, which he described as the timeframe widely expected by the market.