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Coin Telegraph

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Image Credit: Coin Telegraph

70% chance of crypto bottoming before June amid trade fears: Nansen

  • The cryptocurrency market may see a local bottom in the next two months amid global uncertainty over ongoing import tariff negotiations.
  • Nansen crypto intelligence platform estimates a 70% probability that crypto prices will bottom between now and June.
  • Investors are currently in 'wait and see mode' and are hesitant to take on large positions as markets lack direction.
  • Bitcoin needs to hold $82,000 amid crypto market 'wait and see' mode.

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