What was said around it
is no exception.
As I record this, its MNAV stands at 0.88, slowest it's been in years. This has made it tough
for DACA across the board to attract new investors and raise capital, leaving current investors with
paper losses. Naturally, many are now worried about the damage this could cause to datos and by
extension the broader crypto market. After all, market conditions are only getting worse, right?
Well, believe it or not, the worse may be behind us. While it might feel like it's so over, there
are multiple indicators suggesting that the crypto market has bottomed out and is about to bounce
back, assuming it hasn't already by the time that you're watching. And by the way, when we
say multiple indicators, we mean 105 different indicators analyzed by macro analyst Mayad Kazrai.
According to Kazrai, the recent market downturn was just a wash out, and the next step could be a
longerterm BTC rally. But there are other factors at play, too. Bitcoin's RSI is at lows not seen
since the last bare market, and BTC's price has broken well below the Ballinger band on the
weekly. Both of these factors suggest that investors will soon be buying the dip, pushing
What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.
