Prominent trader Taiki Maeda says the crypto market may have already bottomed, arguing that a new fixed-income product tied to Bitcoin (CRYPTO: BTC) could make further downside increasingly difficult. ‘Bottom Is In' As Bearish Sentiment Peaks In his Mar.17 podcast, Maeda noted that market sentiment is extremely bearish, with many traders expecting a final capitulation toward $45,000.
Michael Saylor's New Product Means 'Bitcoin Bottom Is In,' Trader Says
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Trader Taiki Maeda says Michael Saylor's new fixed-income product tied to Bitcoin means 'bottom is in,' said on Mar. 17 podcast; Maeda said market sentiment is extremely bearish and many traders expect a final capitulation toward $45,000.
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