Ahuja Says Bitcoin Has Passed Its Cycle Low as Policy Risks Persist

Moon Pursuit Capital founder and managing partner Utkarsh Ahuja said Bitcoin’s cycle low is behind it, offering a market outlook as investors weigh U.S. policy and inflation risks. Ahuja expects a gradual recovery with intermittent corrections. In commentary shared ahead of the Nov. 3 U.S. midterm elections, he said markets would focus on how the results affect liquidity, interest rates and financing costs rather than on the outcome alone. He said political uncertainty and expectations of tighter monetary policy could pressure risk assets, while a less disruptive result than feared could support a rally. Ahuja cited third-quarter U.S.