End Of ‘Crypto Winter’: Investment Fund CEO Shows Optimism

Even as the bear market situation continues in the current cycle, the community is wondering when will crypto winter 2022 end. The ongoing crypto winter is currently accompanied by a macroeconomic slump which now has a direct correlation with Bitcoin (BTC). Meanwhile, several people in the crypto community are anticipating an end of the bear market environment. However, it remains to be seen if the bulls catch up before the end of December, which has traditionally been a good month for crypto.

Over the past few months, there have been a series of negative results from macro events. Thanks to Bitcoin’s correlation with S&P 500, the BTC price suffered losses on various occasions. With Bitcoin continuing to follow the equity markets, it remains to be seen when the crypto market breaks out of the bear situation. In September 2022, experts predicted BTC to fall around 20% if it continued to follow its correlation with S&P 500.

Anvesh reports major developments around crypto adoption and trading opportunities. Having been associated with the industry since 2016, he is now a strong advocate of decentralized technologies. Anvesh is currently based in India. Follow Anvesh on Twitter at @AnveshReddyBTC and reach him out at [email protected]

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.