bitcoin:native

Why do I look at charts on a logarithmic scale instead of a linear scale?
If you look at charts on a linear scale, they can appear frightening and misleading. They may lead you into making mistakes.
I am looking at the same bottoms as well.
in my bearish scenario, $48K is enough as a bottom.
By the way, I don't try to find the bottom. Because of my investment mentality I prefer to enter after the reversal at a safer level.
The only thing that could change this view would be an escalation in U.S.-Iran tensions that forces the Fed to raise rates in September.
For BTC, even the current area is actually enough to form a bottom