Bitcoin is 40%+ down from its ATH, but on-chain analysts say it's ‘starting to bottom out’.
Analysts say BTC’s weakness is exacerbated by institutional investors exiting futures markets, but on-chain data hints that Bitcoin is in an early bottoming process.
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https://www.mertium.com/a/19013824/Bottoming or not there's nothing we can do and i dont really make myself do believe on any sentiments or news around because price is always unpredictable.Doesnt matter if we are -40% from its ATH.
Honestly it isnt something new when prices do really make out some corrections which is something not surprising.If you've been here on this market then you would already be getting used to it.
Instead on freaking out yourself out on this condition then its better to take chances for you to accumulate while its still cheap.