Bitcoin’s Local Bottom Was Found at $6,800, Analysts Assert

Ouch. Bulls haven’t had the best of weeks, with Coin360 reporting that Bitcoin (BTC) has shed some 14% in the past week, trading at $7,300 as of the time of writing this article. Despite the decisively bearish price action, some believe that this market is bottoming, at least for the time being. Here’s why.
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Has Bitcoin Found a Bottom?
Firstly, the Chonky One noted made a simple observation