It is highly likely a bottom in bitcoin has been achieved. I saw btc and eth down around -30% peak to trough. Historically this is around the buy point as bitcoin tends to correct -30% to -40% in prior bull markets, but now, given supply shortages of bitcoin and institutional onboarding, -30% seemed a reasonable spot to start buying both bitcoin and ethereum.
Crypto Report - Floor reached in bitcoin/ethereum
|Published:||11 Jan 2021 12:42 ET|
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