Bitwise argues crypto is near the end of a brutal winter
The crypto winter has been brutal, a relentless bear market that’s shaken out the weak hands and vaporized countless altcoin dreams. But according to the analysts at Bitwise, the deep freeze is almost over.They’re making the case that we’re nearing the end, pointing to a confluence of signals that historically precede a major thaw. It’s not just hopium; they’re looking at on-chain metrics, the capitulation of retail investors, and the sheer duration of this downturn.For Bitcoin maximalists, this is the moment we’ve been waiting for—the market cleansing that separates the foundational protocol from the speculative noise. While the altcoin casino was busy imploding, Bitcoin’s network has only grown stronger, its hash rate hitting new peaks, a clear sign of unwavering miner commitment.The recent ETF approvals, despite their messy flows, have opened a permanent institutional gateway that didn’t exist in previous cycles. Regulators are still a thorn in the side, trying to clamp down with blunt force, but that’s always been the playbook.Their distrust only underscores Bitcoin’s disruptive power. The coming pivot won’t be about some flashy new token; it will be a return to fundamentals, a recognition of BTC’s immutable scarcity as the singular narrative that matters. When the spring comes, and Bitwise suggests it’s close, it will be led by Bitcoin, leaving the rubble of failed projects behind for good.
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#Bitwise
#crypto winter
#market cycle
#bitcoin price
#institutional adoption
#market analysis
#investment outlook
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