A point in an asset’s price chart where a significant downtrend concludes, followed by a period of stabilization or an upward reversal, typically spanning several weeks to a few months. This suggests a temporary floor has been established before further price action.
Context
Identifying a mid-term bottom is a key analytical objective for market participants in digital asset trading. Analysts use various technical and fundamental indicators to assess whether a period of price consolidation or reversal is genuinely sustainable.
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