๐ Bitcoin: is the bottom near?
In the chart above, we have:
๐ in red: the evolution of the BTC supply at a loss
๐ in blue: the evolution of the supply in profit
However, the convergence of the blue and red curves has historically indicated the bottom of Bitcoin...
๐ If we once again have a convergence of the metrics, the BTC price could find a bottom around 60.000$ !
And you, do you think we will drop again to find a bottom, or are we already more or less at the end of the correction?
bottom now = ๐
bottom at 60.000$ or less = ๐ฑ
In the chart above, we have:
๐ in red: the evolution of the BTC supply at a loss
๐ in blue: the evolution of the supply in profit
However, the convergence of the blue and red curves has historically indicated the bottom of Bitcoin...
๐ If we once again have a convergence of the metrics, the BTC price could find a bottom around 60.000$ !
And you, do you think we will drop again to find a bottom, or are we already more or less at the end of the correction?
bottom now = ๐
bottom at 60.000$ or less = ๐ฑ