Is The Worst Over For Bitcoin? Analyst Suggests Local Bottom May Be Here

Is The Worst Over For Bitcoin? Analyst Suggests Local Bottom May Be Here

A CryptoQuant analyst known as “caueconomy” recently published a post indicating that Bitcoin (BTC) may have reached a local bottom. The analyst points to a significant liquidation event as a key sign that a short-term recovery could be on the horizon. Although caueconomy acknowledged that Bitcoin has been going through a period marked by bearish…