CryptoCointelegraphabout 2 hours ago
Bitcoin bottom underway, analysis says
1 min read
Bitcoin is seeing a textbook bear-market bottom as short-term holders take profits near $65,000. Analyst Frank flagged the 200-week SMA ninth quantile, which marked reversals in 2022 and March 2020. STH-SOPR flipped green, signaling a market shift. CryptoQuant warns deeper capitulation may still be needed.
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