Is The Bitcoin Bottom In? Leading On-Chain Analyst Sees A Floor Forming
Bitcoin’s violent drawdown into the low-$60,000s has traders hunting for a floor. One of the market’s best-known on-chain analysts is arguing the risk-reward has shifted meaningfully, even if the “bottom” is still a process rather than a single print.– The Bitcoin Bear Market
– If $60k Is The Bottom
– What Caused The Crash
– How To Manage The Bear“If you are formulating a bear case right now, you’re doing it wrong,” he said, framing the current zone as the late innings of the move rather than the start, while still allowing price could go lower.“If you are formulating a bear case right now, you’re doing it wrong,” he said, framing the current zone as the late innings of the move rather than the start, while still allowing price could go lower.
Featured image created with DALL.E, chart from TradingView.com
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