Analyst: Bitcoin has bottomed out, $71,200 is the next potential buying zone.

BlockBeats news, September 13: Crypto analyst Ali Charts posted that Bitcoin has bottomed out. For investors who missed the buying opportunity below $60,000, BTC's current rise to the $77,000 to $80,000 range may feel anxiety-inducing, but it is not advisable to chase the rally at this point.

He pointed out that in previous bull markets, Bitcoin's short-term holder cost basis has multiple times formed a relatively attractive accumulation zone. Looking back at the market from 2022 to 2025, whenever BTC touched or briefly fell below this cost basis, macro buying opportunities subsequently emerged, and the overall upward trend continued thereafter.

Currently, Bitcoin's short-term holder cost basis is around $71,200. Patiently waiting for BTC to pull back to this area may provide a more favorable entry position for the next potential upward move.