Bitcoin In Ultimate Reversal Zone
Updated
In my opinion, right now is one of the best times to buy Bitcoin in the coming months. This last month has been playing out almost identical to the May sell-off. Macro factors are bullish. 10 year bond yield skyrocketing. FTX bids stacked to the max from $38,500 - $41,000. I said it at the end of July and I'll say it again now. Optimal buying opportunity at the moment for BTC.
Comment
Retail bears were selling the bottom of July, then Sep, then Jan. 99% of the time you sell the bottom of a move holding support in a bull run, you will get absolutely wrecked. Anyone short a week ago was extremely fortunate.
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