Deep Tide TechFlow News, February 24th, according to CoinDesk, on-chain analyst James Check stated that multiple technical and on-chain mean reversion models indicate that Bitcoin is currently in a "textbook bottoming phase." Historically, this stage usually occurs after panic selling, and both technical indicators and on-chain valuation models have now fallen back to levels similar to historic lows in December 2018 and June 2022. While prices may still decline further, the real test for bulls will be the "timing" of investment rather than the "price." James Check summarized: "This is a typical de-risking structure for Bitcoin. If you don't choose to accumulate Bitcoin at this stage, then when are you planning to wait?"

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