TechFlow News: On February 24, according to CoinDesk, on-chain analyst James Check stated that multiple technical and on-chain mean-reversion models indicate that Bitcoin is currently in a “textbook bottoming range.” Historically, this phase typically follows panic-driven sell-offs. Both technical indicators and on-chain valuation models have now reverted to levels comparable to historic bottoms such as December 2018 and June 2022. While prices may still decline further, the true test for bulls will be the “timing” of investment—not the “price.” James Check summarized: “This is Bitcoin’s classic risk-off structure. If you’re not accumulating Bitcoin at this stage, then when are you waiting for?”
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