And ... We're Back? Has Bitcoin Found Its Bottom?

[Carlsbad + 19]

Bitcoin and other cryptos started recovering Saturday. Not sure if this means Bitcoin has found its bottom or it's just the usual wild volatility. 

[TraderTate + 186]

Not sure it can find a bottom yet with all the regulatory dynamism. Tons of stuff going on in the regulatory area: 

• Indian govt announced it will have a crypto regulatory framework by end of this fiscal year
• Hong Kong has just said it won't ban cryptos
• Saudis are working on their official stance, but most think it won't be a ban

and that's just the regulatory news from the last couple of days...

[Carlsbad + 19]

clearly hasn't found its bottom ...