Here is something interesting happening on bitcoin:native right now ,
Through its entire history there have been only 3 time where bitcoin touched the 50 EMA + bearish RSI level (blue line) and now we are at the fourth time and we broke below the 50 EMA
First time it happened BTC made 5000% move ,second time 2000% move and third is 450% .
The decrease in upward move percentage happensas the asset matures.
This tells me we definitely pretty much bottom however the move up can take a couple of months.
Thoughts?