Bitcoin ($BTC) Could Be Trading at ‘Generational Bottom’, Says Popular Crypto Analyst

A popular cryptocurrency analyst has recently suggested that the flagship cryptocurrency Bitcoin ($BTC) could currently be trading at a “generational bottom,” arguing that while the cryptocurrency’s price may still drop further from current levels, in the future the difference won’t be significant.

In a recently published video, crypto analyst Cred noted that it’s unclear whether Bitcoin’s bottom this cycle is around the $20,000 mark the cryptocurrency is currently trading at but pointed out that BTC’s price correction was influenced by a number of external factors that are unlikely to occur again in the near future.