<ul><li>A CryptoQuant analyst suggests that Bitcoin may have reached a local bottom.</li><li>Long liquidations in the futures market could influence Bitcoin's price and potentially lead to a short-term recovery.</li><li>Over 4,000 BTC long positions were liquidated on October 1st, indicating a potential market reversal or local bottom.</li><li>Recent buying interest and a surge in the Taker Buy/Sell Ratio on an exchange suggest a potential upward momentum for Bitcoin.</li></ul>

Is The Worst Over For Bitcoin? Analyst Suggests Local Bottom May Be Here

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