Market update spotted while slacking off at work: After hitting a $GTC 24-hour low, it bounced back. The current price is 0.1834, now above the previous low of 0.1815.
Whenever a new low is made, someone in the comments always says, “This is the bottom,” and then the market politely digs another layer down. This time it has bounced back, though whether it can hold is another question.
To tell if it’s bottomed out, look at the candlesticks—not at how much it has fallen.