[Bitwise Head of Research for Europe: BTC is likely to bottom out earlier than the market's widely expected October low] According to a report by Jinse Finance, on July 2, André Dragosch, Head of Research for Europe at Bitwise, stated that July seems poised to be the turning point for BTC transitioning from a bear market to a bull market. If semiconductor stocks experience a sharp reversal from current levels, the Federal Reserve may respond dovishly. My personal baseline prediction is that Bitcoin is likely to bottom out earlier than the market's widely expected October low.