BTC analyst Killa: By comparing historical cycles, BTC could see another round of downside before it establishes a true bottom

BTC0,66%

Gate News message, April 11, BTC analyst Killa posted that when comparing all previous Bitcoin cycles, each cycle includes a final selloff that ends in a capitulation-style bottom. In this cycle, the time when the peak occurs is earlier than in prior cycles. Killa noted that if history repeats, BTC may still see another leg down before a true bottom is established.

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