The fact that the majority of selling pressures are slowing down and even reversing, means that there is room for buyers to start coming back into the picture and for price to start stabilising. It is an objective signal to the end of the bear market.
This doesnt mean that price cannot drop further, all it means is that we are currently near the optimal point in time to be getting into cryptocurrency, rather than getting out.
The irony is that over the last few months we have also seen the majority of investors repeat the same mistake that has played out since the beginning of time and the invention of markets. Buy the top, sell the bottom. Boss Crypto students wont make that mistake.
READ THE FULL ARTICLE ON HACKERNOON HEREI would not be so sure that the bottom has already been found. I think there is still a big chance for one more wave of rapid growth and a very large panic sell. I think that if whales will want it, they can lower the BTC price even to $2k.