Bitcoin may have bottomed before its traditional cycle low: Grayscale's Pandl

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Grayscale's Head of Research, Zach Pandl, suggested that Bitcoin may have bottomed ahead of traditional cycle lows. This indicates that structural factors, such as changing macroeconomic conditions and institutional inflows, are creating trends different from past cycles. Investors should move away from traditional halving cycle formulas and focus on the new supply-and-demand-driven market dynamics.

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