54.0K @renksi bitcoin is trading below the lowest band of the Rainbow Chart
last time $BTC did this, it was sitting at the 2022 bear market bottom around $15.5k
thats the part that makes this interesting
not because the chart is magic
but because these zones usually only show up when the market feels completely broken
everyone tired, everyone waiting for lower
and somehow thats usually where the best opportunities start forming
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3.1K @marc02200 Told a friend I’d buy any dip under $60k.
He’s still waiting for $40k. Which he may get, who knows.
Meanwhile price keeps moving.
How low are you personally waiting for?
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20.2K @globalrashid007 Bitcoin's all-time high and the subsequent low
-53% this year, also down
$BTC
There are still chances of it going lower because the bottom hasn't been hit yet
for $Bitcoin.
According to your experience, where do you think the actual bottom
could be??? https://t.co/cpTrLcndy9
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Bitcoin (BTC) is a digital asset and a payment system invented by Satoshi Nakamoto who published a related paper in 2008 and released it as open-source software in 2009. The system featured as peer-to-peer; users can transact directly without an intermediary. Transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain. The ledger uses bitcoin as its unit of account. The system works without a central repository or single administrator, which has led the U.S. Treasury to categorize bitcoin as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency, although prior systems existed. Bitcoin is more correctly described as the first decentralized digital currency. It is the largest of its kind in terms of total market value by now.
