Bitcoin’s ‘calm top’ challenges most market bottom estimates: Research
Hex37's read
- Bitcoin's floor price may not be as low as in past bear markets.
- Galaxy Research suggests a 'calm top' is challenging bottom estimates.
- The process of finding the market bottom is still ongoing.
What it means for traders
- Traders might consider a less bearish outlook on Bitcoin's potential downside.
- The 'calm top' observation could imply a more stable, less volatile bottoming phase.
Affected markets
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