5th Worst Bitcoin Price Action Ever — I’m Buying At 99.8% Probability

The bitcoin price looks bad, but I’m buying. Price might go lower, it always can, but there is value at these levels, and I’m accumulating. I think it’s important to be honest about how I’m actually acting on the analysis I publish, rather than just presenting data from a distance. And right now, the data is saying something that has only been said a handful of times in Bitcoin’s entire history.

Let’s cut to the chase:

The Crosby Ratio Z-score has one of the lowest readings in history.

The RSI is at a level we’ve only encountered a handful of times in extreme market lows.

Bitcoin has bounced off the 200-week moving average.

The SOPR is in the bottom fifth… Read more on BitcoinMagazine

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