Post by MHC Digital Group
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After a brutal six months, Bitcoin may be closer to its next inflection point than many expect. As Edward Carroll, Head of Global Markets at MHC Digital Group, said this morning, the market doesn’t need euphoria to turn, it needs clarity. Once Bitcoin finds its floor, consolidation tends to follow. And with regulatory momentum building in the US, particularly around the Clarity Act, the signal institutional capital has been waiting for may arrive sooner rather than later. That matters because Bitcoin is structurally different to past cycles: • Supply remains constrained • Institutional balance sheets are prepared • Allocation frameworks already exist Volatility is part of the asset. The long-term thesis remains intact. Read more here: https://lnkd.in/g8Arnriy #Bitcoin #DigitalAssets #InstitutionalCrypto #Crypto