8 reasons to be buying at these levels.

1. FUD is at an ATH. We're getting bombarded on a daily basis, and it worked for a while, but...

2. The Fear and Greed Index is clustering at lows not seen since March 2020, and before that in December 2018. These were both historical opportunities to buy.

3. The run up to January/February saw the price overstretch the moving average by almost unprecedented amounts, and we've now snapped back the other way. The difference between the price and the moving average has not been this high since (yep, you guessed it) March 2020, and before that December 2018.

4. Volume is dropping, which in a correction is very bullish as it means sellers are running out of steam. Here, I've highlighted all the lowest volume points during the corrections of the last 6 months. Notice how they're all either at or near the bottom.

5. Whales are moving crypto off exchanges at the highest rate since November, which was the start of the parabolic phase of this run: https://mobile.twitter.com/WClementeIII/status/1401687781689135111

6. Interest rates are still at 0%.

7. Inflation is thought by the powers that be to be persistent, which is great for the long term outlook of crypto in general.

8. The stock to flow model is showing that BTC is oversold by levels equalling the most extreme in its history (May 2012, July 2017).

Taken together, these signs are insanely bullish. It's very likely that if we're not exactly at the bottom, then we're very close to it. You should be buying as much as possible at these levels.

Edit: just realised I mentioned the volume point twice, so this is now only 7 reasons to be buying at these levels. Still mega-bullish, but 1/8th less so, I guess. Unless someone can suggest another reason I can add...

Edit2: Thanks to u/Ornery_Maintenance_8 I've added point 8.