Bitcoin rises after snapping longest-ever losing streak as investors seek a market bottom

The largest cryptocurrency by market cap rose 4.3% Monday to $31,278.09, according to Coin Metrics. Ether advanced nearly 2% to $1,852.64. All three of the major stock averages were higher on Monday. Investors have been holding their breath while watching prices across risk assets move higher, uncertain if the moves are temporary or if a more permanent reversal is finally here. Some still say it's too early, however, and that bitcoin may have a short-lived gain but is more than likely going to resume the downward trend we've seen for the past two months, one analyst says. "We still believe this confluence of factors is likely to lead bitcoin to fall as low as $22,000 before rallying later this year" Source