The lowest point a market reaches during a prolonged period of decline before a potential recovery or upward trend begins.
Bitcoin's Relative Strength Index (RSI) is showing bullish divergences, leading some analysts to predict a potential bear market bottom similar to 2022. However, other market watchers caution that further price declines are still possible.
Galaxy Research suggests Bitcoin's recent 'calm top' might indicate a shift in traditional bear market bottoming patterns, potentially leading to higher floors than previously observed. This analysis challenges conventional market cycle estimates.
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