{"id":50688,"date":"2026-07-24T11:11:41","date_gmt":"2026-07-24T11:11:41","guid":{"rendered":"https:\/\/cryptd.in\/buying-bitcoin-today-is-like-buying-it-at-2-says-analyst\/"},"modified":"2026-07-24T11:11:41","modified_gmt":"2026-07-24T11:11:41","slug":"buying-bitcoin-today-is-like-buying-it-at-2-says-analyst","status":"publish","type":"post","link":"https:\/\/cryptd.in\/id\/buying-bitcoin-today-is-like-buying-it-at-2-says-analyst\/","title":{"rendered":"Buying Bitcoin Today Is Like Buying It at $2, Says Analyst"},"content":{"rendered":"<p>Depending on the scale you are looking at BTC, you can determine that the asset is either almost 50% away from its all-time high or it\u2019s actually millions of percentages above its price observed a decade ago.<\/p>\n<p>From a technical perspective, the current $65,000-$66,000 region could actually mean that there\u2019s a massive opportunity on the table, at least according to popular analyst Crypto Rover.<\/p>\n<h2>\u2026 Like Buying at $2<\/h2>\n<p>The analyst outlined a specific chart to his 1.6 million followers on X that uses a long-term logarithmic regression curve to claim that the cryptocurrency\u2019s price has followed a predictable upward trajectory for over a decade with little deviation. The green markers show historical touchpoints after which the asset went on a massive run as its price continued along the curve.<\/p>\n<p>Some of the previous instances where it touched the lower level included $2 over a decade ago, $10, $200, $3,500, and, most recently, $16,000, during the bear cycle in 2022. Each of those was followed by tremendous rallies that led to subsequent all-time highs.<\/p>\n<p>Rover\u2019s chart now argues that BTC\u2019s current range at $65,000-$66,000 means the asset has slipped into this same familiar territory, suggesting it\u2019s a comparable \u2018on-curve\u2019 entry point rather than an overextended top. Consequently, he concluded that buying BTC now is \u201cno different from buying it at $16,000, $3,500, $200, $10, or even $2,\u201d implying similar long-term upside potential relative to the historical growth path.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">WOW: According to this Bitcoin chart, buying Bitcoin at $66K is no different from buying it at $16K, $3.5K, $200, $10, or even $2. <a href=\"https:\/\/t.co\/cFpLOQ5K8n\">pic.twitter.com\/cFpLOQ5K8n<\/a><\/p>\n<p>\u2014 Crypto Rover (@cryptorover) <a href=\"https:\/\/x.com\/cryptorover\/status\/2080579238143602874?ref_src=twsrc%5Etfw\">July 24, 2026<\/a><\/p>\n<\/blockquote>\n<h2>What About the Bottom?<\/h2>\n<p><a href=\"https:\/\/cryptopotato.com\/has-bitcoin-already-bottomed-grayscale-says-macro-signals-matter-more\/\">Debating whether BTC\u2019s bottom is already in or not<\/a> has been most analysts\u2019 favorite topic in the past several months. Jelle also weighed in on the matter today, indicating that the asset is still working on it, with its price now \u201cturning the previous local consolidation into support.\u201d He predicted another leg up to fill a void left at $70,000 soon. However, that resistance level could become too strong for the rather minimal bullish sentiment now, he <a href=\"https:\/\/x.com\/CryptoJelleNL\/status\/2080545546867999229\">warned<\/a>.<\/p>\n<p>Micha\u00ebl van de Poppe noted that the cryptocurrency has dipped into the \u201coversold territory on the Puell Multiple.\u201d History shows that similar occasions in the past have led to the bottom formation \u201cshortly after,\u201d such as the bear cycles in 2015, 2018, 2020, and 2022.<\/p>\n<p>The popular analyst <a href=\"https:\/\/x.com\/CryptoMichNL\/status\/2080561873213407707\">predicted<\/a> that this time it \u201cwon\u2019t be different,\u201d as BTC prepares for a more profound leg up. For now, though, its upside rallies have been halted at inception levels.<\/p>\n<p>Pos <a href=\"https:\/\/cryptopotato.com\/buying-bitcoin-today-is-like-buying-it-at-2-says-analyst\/\">Buying Bitcoin Today Is Like Buying It at $2, Says Analyst<\/a> muncul pertama kali di <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Depending on the scale you are looking at BTC, you can determine that the asset is either almost 50% away from its all-time high or it\u2019s actually millions of percentages above its price observed a decade ago. From a technical perspective, the current $65,000-$66,000 region could actually mean that there\u2019s a massive opportunity on the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":50690,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-50688","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Buying Bitcoin Today Is Like Buying It at $2, Says Analyst - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/id\/buying-bitcoin-today-is-like-buying-it-at-2-says-analyst\/\" \/>\n<meta property=\"og:locale\" content=\"id_ID\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Buying Bitcoin Today Is Like Buying It at $2, Says Analyst - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"Depending on the scale you are looking at BTC, you can determine that the asset is either almost 50% away from its all-time high or it\u2019s actually millions of percentages above its price observed a decade ago. 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