Depending on the count, Bitcoin and the entire crypto space is experiencing its 4th or 5th bear market right now. In this time, which is very strenuous for many newcomers in particular, we take a look at the most popular instruments in order to get closer to the answer to the question that is currently worrying many investors: When and where will Bitcoin finally find its bottom?
We examine the previous corrections in their percentage extent. We also take a look at the RSI (Relative Strength Index), which is currently marking an all-time low in the weekly and monthly charts, the logarithmic growth curves and the rainbow price chart. It continues with the 200 EMA, the Fear & Greed Index and the Pi Cycle Bottom indicator. Last but not least, the important chart mark of USD 20,000 as the last all-time high and other relevant price zones are highlighted.