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The Daily Hodl 2024-05-03 14:30:04

‘There’s Not Much More Downside Left To Go’: Trader Says Bitcoin Close to Bottom After Deepest Retrace of Cycle

A cryptocurrency analyst and trader is saying Bitcoin (BTC) may have reached a market bottom after correcting down into the high $50,000 range. The analyst pseudonymously known as Rekt Capital tells his 74,900 YouTube subscribers that Bitcoin’s latest correction is the cycle’s deepest, suggesting a further decline is unlikely. “This single corrective period is now The post ‘There’s Not Much More Downside Left To Go’: Trader Says Bitcoin Close to Bottom After Deepest Retrace of Cycle appeared first on The Daily Hodl .

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