Ladies and gents, the bottom is probably in since 4 weeks agoBitcoin / TetherUS PERPETUAL CONTRACTBINANCE:BTCUSDT.PDAtraderTVThere are multiple reasons to believe so: 1. Never in the history of BTC price action did a weekly bullish divergence failed. And BTC just printed one 4 weeks ago. 2. We are already below Weekly 200MA, and close to weekly 300 MA, so if price goes down more, it only goes to $54k-$56k. 3. Fibonacci shows we perfectly touched .62 line, another dip can be possible but that’s what it's gonna be, a dip. 4. Entire crypto community on X shouts at targets as low as $30k-$40k. When everyone wants that, they’re not gonna get it. 5. We can see that more and more governments want to regulate crypto and make it a true asset in the market. 6. On the 10th of August Clarity Act has good chances that it will pass. 7. The stock market is extremely overpriced and overvalued. Money has to move from overpriced assets to fair priced assets, BTC being now fair priced. And there you go; this are the reasons I think BTC has bottomed out. What should we do next? - DCA - Watch altcoins - Sell all your stocks Cya next month!