Bitcoin may have likely reached its lowest price and could rebound from here to higher prices, according to a recent analysis from Bernstein. The Wall Street brokerage firm’s senior analyst on digital assets, Quantum Chhugani, said this in a note to clients on Tuesday.Visit Website

Risk sentiment improved across digital assets as the bitcoin market reacted to a sudden de-escalation signal on Middle East strikes and shifting macro expectations. From early week strength to post-FOMC reversal Bitcoin opened the week on a strong footing, pushing toward $74,000 mid-week on a familiar derivatives-driven squeeze. Short covering and gamma pressure, rather than …