Matrixport: The stochastic indicator suggests that the market may not yet be close to a rebound opportunity

Golden Finance reports that Matrixport has stated Bitcoin is currently in another adjustment phase. Historically, the past four times when the Stochastics Index fell to 15%, Bitcoin experienced a significant rebound. However, this index is still at 25%, indicating that the market may not yet be close to a rebound opportunity. It might not be an ideal time to "buy the dip" for Bitcoin before the Stochastic Index approaches the critical threshold of 15%.