Grayscale Says Fed Policy Could Decide if Bitcoin Bear Market Ends Now or Runs to October

Grayscale suggests Bitcoin may have already bottomed, provided the Federal Reserve avoids further rate increases. While historic four-year cycles indicate potential pressure until September or October, the asset manager asserts that economic growth and Fed policy currently serve as more reliable market guides. According to Zach Pandl, the trajectory of the Bitcoin bear market depends heavily on these macroeconomic factors, which could determine if the current downturn concludes now or extends through the autumn.