Trying to time the Bitcoin bottom as the perfect time to buy is a pursuit for many cryptocurrency traders. As a result, crypto analysts have used various indicators in the quest to predict the best time to buy Bitcoin. This pursuit has not waned even with the BTC price hitting a new all-time high earlier this year, as crypto analyst R.N. Elliot has sounded the alarm for what he believes is the best time to buy the leading cryptocurrency. Time To Buy Bitcoin The analyst’s chart points to a “Double Zigzag” pattern that has formed for Bitcoin. As the name implies, it includes two different zigzags, both of which are likely to play out the same way. Since the first pattern has already been completed, which the crypto analyst places with the BTC all-time high above $73,000. Related Reading: Bullish XRP Analyst Eyes $7.50 If Crypto Breaks Resistance Since the analyst believes that the second zigzag pattern could form the same way, it’s likely it has already playing out following a crash from $70,000 to below $5 ..
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