Crypto soothsayer
@cryptosayer
🫣 Bitcoin has fallen into the "extreme discount" zone on the Rainbow Cha…
🫣 Bitcoin has fallen into the "extreme discount" zone on the Rainbow Chart, with price dropping below the model’s lowest blue band Current market sentiment and the pace of selling now resemble conditions seen at the depths of the 2022 bear market following the collapse of FTX. Historically, such periods of extreme fear have marked some of the best long-term accumulation opportunities. That said, oversold does not mean the bottom is in. During the last cycle, BTC spent several months below this level before finally reversing, meaning the bottom can remain a process rather than a single event. The signal is clear: panic-driven selloffs have often rewarded patient investors. The catch? You need a strategy that can survive months of sideways action and further drawdowns. 😏
Fresh margeleT snapshot · United States · Crypto soothsayer · war · politics · crypto. This page keeps context and source links for search engines and AI assistants.
