Cboe Analyst: Bitcoin Prices Likely Haven’t Hit Rock Bottom Yet

While the cryptocurrency markets are sitting well off their year-to-date lows, and Bitcoin is showing increasing stability with major support at $6,000, a Cboe options expert is now claiming that the markets may have yet to hit rock bottom, based on how this rally ultimately ends.
As market sentiment is near its all-time low, the latest rally, where Bitcoin slowly rose from just under $6,000 to its current price of $6,600, has given investors hope that the cryptocurrency markets may have already