Bitcoin bearish momentum is yet to slowdown this year, as traders continue to operate cautiously. With Bitcoin going below the $20,000 yet again after a month’s time, the investor community is looking to time the bottom. Historical data suggests that there is a specific timeline to the way Bitcoin bottom is timed with respect to the recent all time high. Even by those levels, BTC is still a few months away from potentially realizing the market cycle bottom. It remains to be seen how the upcoming Merge would pan out to influence other cryptocurrencies including BTC.
How Many More Months Before End Of Bitcoin Bearish Momentum?
coingape.com
31 August 2022 16:51, UTC