$BTC When it comes to predicting the bottom, this indicator has never been wrong. Every time the Year over Year price chart has flipped negative a major bottom has formed. Now this has happened once again. However, we haven’t quite reached the levels typically seen near major bottoms. Right now the YoY % change is sitting at -39, while previous cycle lows were formed when the YoY change dropped to around -70% or even lower. If this metric continues to be right, it suggests that there may still be room for further downside, but also that we're likely much closer to the bottom than most people think.
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