๐Ÿ‚ Is Bitcoin's global bottom really near?\n\nAccording to the Power Law theory, it seems like BTC is getting very close to hitting the global bottom in this cycle, which reignites the discussion about whether the market is approaching a major opportunity zone before any upcoming bull wave.\n\n๐Ÿ“Œ This theory is based on Bitcoin's long-term historical trajectory and suggests that the price is nearing a zone that some consider relatively undervalued compared to previous cycles.\n\nBut here's the kicker:\nJust because weโ€™re approaching the bottom doesnโ€™t necessarily mean a reversal will happen immediately; the market might remain in a state of consolidation and chop before the true trend reveals itself.\n\nWhatโ€™s the market keeping an eye on now?\n\nIs BTC holding its current levels?\n\nIs liquidity starting to gradually return?\n\nAnd do the on-chain indicators confirm this scenario?\n\n๐ŸŽฏ If this reading holds true, we might be looking at a phase that long-term investors see as a position-building opportunity rather than a panic zone.\n\nDo you think Bitcoin is really nearing the bottom, or does the market still have more downside to go? ๐Ÿ‘‡\n\nโš ๏ธ Analytical content only, not financial advice. Always do your own research (DYOR) and apply appropriate risk management.\n$BTC \n\n\n#BTC #Bitcoin #Crypto #PowerLaw #CryptoAnalysis #BinanceSquare #Trading #OnChain #MarketCycle