We Haven’t Bottomed Out Yet

The last 7 days have seen a slight rebound of the crypto market with Bitcoin and Ethereum up 12% in the last week. Furthermore, FTX CEO Sam Bankman-Fried has made a statement earlier in the week stating that the worst of the crypto winter has passed indicating the bottom has been reached. The seven day Bitcoin chart shows that the market has reacted positively to Sam’s encouraging statement.

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CyberPunkMetalHead

CyberPunkMetalHead

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Top Writer and co-founder of Algo Trading Platform — AESIR. Follow me on Twitter at @cryptomatonblog