Top Analyst Declares ‘Last Accumulation Opportunity’ for Bitcoin Investors – Updates BTC Outlook

The popular Ultimate Oscillator momentum indicator has entered oversold territory for Bitcoin, potentially signaling an impending bottom according to some analysts.

Crypto analyst CryptoCon highlighted that the oscillator recently crossed below 30 into the “cycle bottom zone”, something that has never occurred twice in a bear market. While not a definitive bullish indicator on its own, CryptoCon believes it reinforces other signs of Bitcoin being oversold.

Time to Accumulate?

CryptoCon contends Bitcoin is offering “one last accumulation opportunity” before the next bull market, but most will miss it trying to time further downside. In his view, macroeconomic worries have driven Bitcoin lower than justified by on-chain and momentum indicators.

This matches CryptoCon’s personal strategy, having bought under $10k in 2018-2020 and selling near $54k in early 2021. He is now re-accumulating from ~$16.5k, expecting similar multi-year upside.

Other analysts counter that a double-bottom in the oscillator is unprecedented outside a bear trend and may not imply a reversal is imminent.

Assessing Probabilities, Not Prediction

CryptoCon responds that no single indicator provides certainty, but the confluence of oversold readings makes a bottom likely. He shares his analysis to help readers assess probabilistic outcomes, not predict precise price levels.

The oscillator is not useful in isolation. Careful evaluation of momentum, on-chain fundamentals, market structure and macro trends is required to navigate volatile crypto markets.

By combining indicators and analytical techniques, traders can tilt the odds in their favor. But understanding risk and position sizing remains crucial, as no signal is guaranteed. The question is whether current conditions suggest accumulation is prudent, not certainty a bottom is perfected.

We recommend eToro

74% of retail CFD accounts lose money.
Active user community and social features like news feeds, chats for specific coins available for trading.
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy thetrades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
eToro offers staking for certain popular cryptocurrencies like ETH, ADA, XTZ etc.
intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.

CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of


Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.