This metric suggests bitcoin's late November plunge was the bottom and major upside lies ahead

This metric indicates that the significant decline in Bitcoin's value that occurred in late November may have reached its lowest point. Furthermore, it implies that there is considerable potential for growth and improvement in Bitcoin's price in the near future, suggesting that investors can anticipate substantial upward movement ahead. source: https://www.coindesk.com/markets/2026/01/06/this-metric-suggests-bitcoin-s-late-november-plunge-was-the-bottom-and-major-upside-lies-ahead