On the 19-Dec-2022 week OmiseGo hit a new All-Time Low vs Bitcoin (OMGBTC).
This ATL was hit at 0.00005794.
The previous All-Time Low happened early March 2020 at 6000 satoshis (0.00006000).
What followed this previous ATL was a 1,250% bullish wave.
Here is the chart:
That's why I believe hitting new lows is a piece of good news... Because we can't go any lower than the bottom or else it isn't the bottom... And once we hit bottom... You know what comes next.
Now the potential is there for OMGBTC to grow... It can go lower who knows but once it takes off, we will have sustained long-term growth.
The risk is very low here, less than 10% for a stop-loss. The upwards potential is huge...