There Are 3 Signs That BTC Has Reached Or Is Close To A Short-Term Bottom

On November 10, 2021, Bitcoin hit its all-time high of $69,000 at the rate of the Coinbase cryptocurrency exchange. After that, for about 77 daily trading sessions, Bitcoin is at the mercy of the bears, who use any local bullish bounce for another sell-off and push the price even lower. According to Coinglass, there have been several large series of forced liquidations of about $9.80 billion in long positions to date, which have driven investors to extreme fear. Excessive fear and an appreciable amount of on-chain losses in the…