#Bitcoin
BTC has never bottomed below the lower boundary of the Bitcoin Power Law V2.0.
Even in a deeper flush below the February low, the model would suggest $42,800 as the lower bound.
Not saying we get there. Current bottoming structure looks eerily similar to 2018–2019.
From X
Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.