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How Many More Months Before End Of Bitcoin Bearish Momentum?

source-logo  coingape.com 31 August 2022 16:51, UTC

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.

coingape.com