Wall Street brokerage Cantor Fitzgerald says the cryptocurrency winter that began last autumn is nearing its end amid signs of investor capitulation.Â
Analysts at Cantor Fitzgerald write in a note to clients that the crypto bear cycle is entering its final stages, with Bitcoin’s (CRYPTO: $BTC) price likely to bottom in coming months.
“Our belief is that we are only a few months away from the bottom of this pullback,” reads the report on the state of digital assets.Â
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In the previous three market cycles, Bitcoin bottomed an average of 384 days after peaking, implying that the current downturn could reach a low in late October of this year.Â
However, the…







