How do you know you've reached the bottom?
First, you must accept that we are in a clear and obvious bear market.
The trend is strongly downward, and it has already dropped 50% from the peak.
A bear market bottom takes time to form and is characterized by very high volume and accumulation.
Notice the previous bear market bottom: the volume was enormous and nowhere near what we saw at 60,000.
Also, note that Bitcoin took 32 weeks to move sideways until the bottom was formed.
When you see a price zone where trading volumes increase significantly, and prices move sideways while respecting that le
View Original