Switch to Long-Term Thinking: Crypto Daybook Americas, by Coindesk

Re7 Capital Portfolio Manager Lewis Harland told CoinDesk that bitcoin's rebound from a 35% drawdown is consistent with major shakeouts seen throughout the current bull cycle. With bitcoin moving back into the $92–93k region, he sees strong dip-buying interest and describes the current consolidation zone as the kind that typically precedes a resumption of bullish momentum.

The comments came amid a broader market backdrop of institutional tailwinds — with Vanguard, Bank of America, and Charles Schwab all taking steps to expand crypto access for wealth management clients — alongside expectations of a Federal Reserve rate cut.

For the full article, read here: CoinDesk