Crypto Prices May Bottom Out 70% By June As Tariff Talks Progress
Aurelie Barthere, Chief Research Analyst at Nansen, has stated that there is a 70% probability that cryptocurrency prices will bottom out from now until June. This prediction is based on Nansen's data, which shows that the trading prices of Bitcoin (BTC) and Ethereum (ETH) are currently 15% and 22% below this year's highs, respectively. According to Barthere, the upcoming discussions will serve as important market indicators. Once the toughest part of the tariff negotiations is over, a clearer opportunity to bottom out for cryptocurrencies and risk assets will emerge.
This analysis comes at a time when the cryptocurrency market is experiencing significant volatility. The recent decline in prices has raised concerns among investors about the future of digital assets. However, Barthere's prediction offers a glimmer of hope, suggesting that the market may stabilize in the coming months. The analyst's forecast is based on the assumption that the current tariff negotiations will reach a resolution, which could pave the way for a recovery in risk assets, including cryptocurrencies.
Ask Aime: What impact will the potential resolution of tariff negotiations have on cryptocurrency prices?
According to the analyst's forecast, the upcoming discussions will serve as important market indicators. Once the toughest part of the tariff negotiations is over, a clearer opportunity to bottom out for cryptocurrencies and risk assets will emerge. This prediction is based on the assumption that the current tariff negotiations will reach a resolution, which could pave the way for a recovery in risk assets, including cryptocurrencies. The analyst's forecast is based on the assumption that the current tariff negotiations will reach a resolution, which could pave the way for a recovery in risk assets, including cryptocurrencies.
The analyst's forecast is based on the assumption that the current tariff negotiations will reach a resolution, which could pave the way for a recovery in risk assets, including cryptocurrencies. The analyst's forecast is based on the assumption that the current tariff negotiations will reach a resolution, which could pave the way for a recovery in risk assets, including cryptocurrencies. The analyst's forecast is based on the assumption that the current tariff negotiations will reach a resolution, which could pave the way for a recovery in risk assets, including cryptocurrencies.
