Odaily Planet Daily reports that on-chain analyst James Check states that multiple technical and on-chain mean reversion models indicate Bitcoin is currently in a “textbook bottoming phase.” Historically, this stage often occurs after panic selling. Both technical indicators and on-chain valuation models have now fallen back to levels similar to historic lows in December 2018 and June 2022. While prices may still decline further, the real test for bulls will be “entry timing” rather than “price.” James Check summarized: “This is a typical de-risking structure for Bitcoin. If you don’t choose to accumulate Bitcoin at this stage, when are you planning to do so?” (CoinDesk)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Holds $69K–$71K Range Amid Middle East Ceasefire Confusion
Bitcoin hovered in a narrow band between $69,000 and $71,000 as traders weighed mixed diplomatic signals over a possible Middle East ceasefire.
Divergent Signals From Washington
Bitcoin maintained a tight consolidation pattern between $69,000 and $71,000 Wednesday as market participants
Coinpedia23m ago
Bitcoin Nearing Undervalued Territory? CryptoQuant Flags Key On-Chain Signal
CryptoQuant sparked fresh debate in markets this week after posting a short-but-sharp take on a once-obscure on-chain gauge: the one-week-to-one-month holding ratio. The firm pointed out that this ratio, a measure of how much Bitcoin is being held for very short windows versus slightly longer
BlockChainReporter57m ago
Analysts: March CPI print already baked into BTC price
The February CPI data came in broadly as anticipated, reinforcing that higher inflation remains a factor but not a surprise driver for markets. Analysts at 21Shares argued that the macro picture had already priced in the March print, shifting attention to how the Federal Reserve would respond. The
CryptoBreaking1h ago
Strategy’s Bitcoin-Backed STRC Outperforms Tech Stocks on Risk-Adjusted Returns
Strategy Inc.’s bitcoin-backed preferred equity STRC crossed a notable milestone this week after Chairman Michael Saylor announced the instrument had delivered one of the strongest risk-adjusted performance metrics in the market.
Saylor Promotes STRC as Digital Credit With Sharpe Ratio Over 3
Str
Coinpedia1h ago
