gunson on Nostr: At the last bottom there were lots of people saying we're probably at the bottom. In ...

At the last bottom there were lots of people saying we're probably at the bottom. In this example Bitcoin still dipped another 25% briefly afterwards, but it was pretty much the bottom regardless.

I sometimes think everyone calling the bottom is a bad sign, but historically the stronger metrics driven analysts have been quite predictive. From September 2022:

The Peter McCormack Show: Has the Bitcoin Price Bottomed Out? With The Rational Root - WBD550

Episode webpage: https://whatbitcoindid.libsyn.com/has-the-bitcoin-price-bottomed-out-with-the-rational-root-wbd550

Media file: https://sphinx.acast.com/p/open/s/69d4f193b76468caacc5068f/e/a54876cf-810d-4288-a592-05bd51c094c8/media.mp3