Bitcoin in ‘capitulation zone’ as traders debate when BTC price will bottom

Bitcoin in ‘capitulation zone’ as traders debate when BTC price will bottom

Bitcoin appears trapped within a capitulation zone where long-term holders continue to sell, and bearish onchain metrics hint at further downside. Will a drop to $40,000 mark the final price bottom?



source https://cointelegraph.com/news/bitcoin-in-capitulation-zone-as-traders-debate-when-btc-price-will-bottom?utm_source=rss_feed&utm_medium=rss_tag_bitcoin&utm_campaign=rss_partner_inbound

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