Analysts say BTC’s weakness is exacerbated by institutional investors exiting futures markets, but on-chain data hints that Bitcoin is in an early bottoming process.
![](https://platodata.io/wp-content/uploads/2022/04/bitcoin-is-40-down-from-its-ath-but-on-chain-analysts-say-its-starting-to-bottom-out.jpg)
Bitcoin is 40%+ down from its ATH, but on-chain analysts say it’s ‘starting to bottom out’
BlockchainTime Stamp: April 28, 2022 3:32 PM
Source Node: 1283405