
Post
EGCTRADE
Most people think $BTC has already bottomed out, but I believe it's still too early to draw conclusions.
I don't like making predictions; I trust data more. Looking back at previous cycles, Bitcoin bottoms often share some common characteristics:
❌ Close to the 0.786 Fib Fibonacci retracement level
✅ Weekly level oversold with bullish divergence
✅ Price near or below the 200-week moving average
❌ Bulls facing multi-billion dollar cascading liquidations
Currently, not all of these signals.

Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$66,961.3-0.03%
ETH/USDTEthereum
$1,896.16-0.02%
SOL/USDTSolana
$75.7-0.05%
Today’s market buzz
1#NVIDIA contacts Arm CEO Haas, internally predicting new CEO candidate
Hot



2#US October PPI year-on-year 6.5% below expectations


3#Anthropic launches IPO roadshow, valuation rebounds to $1.8 trillion

