Is bitcoin a buy?
At around $75 000, bitcoin is down 40% from its peak of $124 000 in October last year. Rob Price of Sound Money Capital explains why he believes bitcoin is forming a bottom.
You can also listen to this podcast on iono.fm here.
That 40% drawdown is about half the size of previous bear-market declines, leading some to believe we have not yet seen the bottom in this cycle. Some see parallels with the early days of stocks like Apple or Tesla, when extreme volatility eventually gave way to more predictable – and bullish – trading patterns.
