Crypto winter will last another 250 days
According to the Grayscale report, crypto markets repeat their cycles and, for example, for Bitcoin, such a market cycle is four years or 1,275 days. The scope of the cycle becomes clear when the realization price of a cryptocurrency falls below the current market price.
The company's analysts are confident that the downturn in the markets will last for about 250 days, starting in July, and all this time will provide an excellent investment opportunity.
Grayscale believes this is a normal process that repeats itself every few years. Analysts do not name the exact reason, but they believe that this happens at each new stage in the development of the industry.
