The Cointelegraph as well as Bloomberg Pantera Capital articles mention the top hedge fund calling a bit bottom in the price of bitcoin.

“For those who are new to Pantera who might think a fund manager like Pantera would always be saying ‘Today’s a great day to get long,”’ wrote Pantera’s Dan Morehead and Joey Krug. “I rarely have such strong conviction on timing. A wall of institutional money will drive the markets much higher.”

Prices of all cryptocurrencies have crashed quite a significant amount – most well over 50 % and some over 80% (Cardano / ADA) – is now the time to buy?

Here’s my take: