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Just read an analysis from Bernstein, they said Bitcoin has already hit its lowest point. This is quite interesting because some people are still hesitant right now.
Their target for the end of the year is still at $150k. No change from before, so they are quite confident in that projection. If the bottom has indeed been formed, then from here we should start the next recovery phase.
Now it's just a matter of seeing whether the market will follow the sentiment of major analysts like this or if there are other factors that will interfere. But at least for the end of the year, they remain bullish with that $150k target. Interesting times ahead for the crypto market.