⚡️ The bottom is in for now, and we are due for a relief rally soon unless stocks crash hard.

Bitcoin is now retesting the previous all-time high from 2021, which last time marked the bottom for BTC.

In 2022, BTC tested the 2017 ATH of $19,800, dipped below to $15,400, and then formed the bottom.

We are seeing the same pattern again: we just went below the 2021 high of $69,000 and tested the $60,000 level.

So the bottom is likely in and we should bounce, but if stocks dump hard, BTC can go lower.

#Vitalik Buterin sells ETH #Hyperliquid token unlock #Bitdeer liquidates Bitcoin treasury #Bitcoin's store-of-value debate $BTC $ETH $KCS $ENSO