Catching the bottom can lead to a huge opportunity but it is not easy to do so.
Here we have a 2 years long higher low and a potential bottom catch.
The RSI is at its lowest level ever; oversold.
We have a massive 1.6 years long bear market...
A recovery phase can take place followed by a bull-run. This process can take between 1.3 to 1.6 years, with the rest being consolidation to a full 2 years.
Namaste.
P.S. Growth potential can exceed 1,111% since higher lows lead to higher highs. The next peak should be a new All-Time High.
The previous bull-run produce 9,000% growth, keep that in mind.