
Analyst Checkmatey says Bitcoin bottom is already in, dismissing October 6 thesis
- —Checkmatey rejects the October 6 bottom thesis tied to the ~$126,000 record high a year ago
- —The analyst draws on publicly available on-chain blockchain data
- —He argues the actual market low is already behind
Why it matters: If the bottom is truly in, it shifts expectations for traders waiting for another dip before buying.
Source: BTC-ECHO