Multiple Bitcoin's Historical Bottom Indicators Align Once Again
Multiple Bitcoin's Historical Bottom Indicators Align Once Again • High-timeframe indicators suggest BTC is at or near a cycle low. With Bitcoin trading around 50% below its all-time high and the current bear market lasting 40+ weeks, multiple long-term metrics are aligning with previous cycle bottoms • BTC is the most oversold ever versus the Nasdaq. Relative strength indicators show Bitcoin has reached its lowest reading on record against the Nasdaq, while it also recorded extreme oversold conditions versus gold earlier this year. Historically, similar signals preceded strong 1–3 year outp…
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