Tom Lee identifies signs of crypto winter: price drop, liquidations, investor 'rage quitting'
- —Lee's three signs of crypto winter: falling prices, leverage wipeout, investor exodus
- —Lee sees investor 'rage quitting' as a signal that a cycle bottom is near
- —Bitcoin is testing the $64,000–65,000 range, with sellers holding resistance
Why it matters: The head of major bitcoin treasury company BitMine's comments serve as a guide for traders assessing whether the market is near a bottom.
Source: Cryptonews.net