Is crypto winter over? Crypto could see “momentum really come into place” if investors continue to increase their exposure and risk appetite, OANDA Senior Market Analyst edjmoya said on CoinDesk TV’s “All About Bitcoin.” _franvela reports
There’s a chance crypto winter could be over, Edward Moya, senior market analyst at foreign exchange Oanda, told CoinDesk TV on Tuesday.
"I think you're seeing that more of the hodler money is starting to increase their exposure and add to their positions. There is a chance that the crypto winter could be over," he said during"All About Bitcoin."of an immediate bitcoin price recovery from the market crash earlier this year.
Crypto may not be out of “choppy” waters for the next few months, Moya added. But if risk appetite for bitcoin continues to grow, “we could see the momentum really come into place and take crypto much higher.”
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