The cryptocurrency market has been hammered this week as major cryptocurrency exchange FTX falters, but one noted technical analyst says bitcoin could reach a bottom as early as Friday.
Tom DeMark, the founder and CEO of DeMark Analytics, focuses on the number of days — which don’t have to be consecutive — that there was a close lower than the close two days ago. Subject to various conditions, when the countdown reaches 13, a buy signal is triggered. (The opposite is the case on the way up.)
Full Article
