Galaxy Research Sees Bitcoin Bottoming Near $40K–$46K

From fxdailyreport.com

Bitcoin’s ($BTC) cyclical pattern keeps intriguing market onlookers. The current market trajectory of Bitcoin ($BTC) has triggered debate on the potential bottom. The data from Galaxy Digital points out that the biggest cryptocurrency may have not bottomed yet. While supporting this perspective, the platform asserted that just 4 of 13 bottom indicators have fully been triggered up till now. Based on the market and on-chain data, Galaxy has estimated that Bitcoin ($BTC) is still away from its likely bottom. Specifically, just 4 out of the 13 key bottom indicators are currently positive. The platform also mentioned ... (full story)