Is the bottom in? Data shows Bitcoin derivatives entering the ‘capitulation’ ...

Is the bottom in? Data shows Bitcoin derivatives entering the ‘capitulation’ ...

A key risk indicator for BTC options hit its highest level in 6 months, possibly signaling that $32,930 was the bottom. Analysts love to issue price predictions and it seems that 9 out of 10 times they are wrong. For example, how many times did analysts say "we will never see Bitcoin back at X price again," only to see it plunge well below that level a few months later? It doesn't matter how experienced a person is or how connected in the industry. Bitcoin's (BTC) 55% volatility must be taken seriously and the impact this has on altcoins is usually stronger during capitulation-like....


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