Bitcoin Nears Fidelity Power-Law Support at $58K
Timmer's accumulation zone, last seen at the 2018 and 2022 lows, says bitcoin can sit near support for months. The catch is the missing liquidity catalyst.
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Timmer's accumulation zone, last seen at the 2018 and 2022 lows, says bitcoin can sit near support for months. The catch is the missing liquidity catalyst.
The Power Law Oscillator reading of 4.4% puts BTC at a discount last seen at the March 2020 crash and the FTX collapse — both preceded major rebounds.