We are not at the bottom yet but we are getting close. Currently in the bear phase. Not yet extreme bear. But on the higher timeframe... The bottom is approaching. Every previous cycle that touched this zone rewarded buyers massively. The light blue zone has never failed as an accumulation range. Not once in Bitcoin history. And if we push into extreme bear territory: That is not a warning. That is the opportunity of the cycle. The ones who accumulated in these zones in 2019 and 2022 never looked back. History is offering the same setup right now.
Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.