Bitcoin’s Longest-Running Bottom Signal Is Back In Focus: Capitulation Fears ...
Bitcoin has lost the $69,000 level as selling pressure and market uncertainty combine to test the resilience of a market that has now given back a significant portion of its recovery from the cycle lows. The breakdown is uncomfortable — and analyst MorenoDV has identified a signal in the supply data that places the current […]
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People are wondering when and at what price bitcoin will bottom and there are many opinions on this matter. This article will not explore a certain price or date when bitcoin will bottom but some of the characteristics that need to be shown to know that a real bottom in place. Instead, this article will explore the concepts of panic selling and capitulation as well as what a bottom will look like if these things occur. To date, you have not seen either of these things play out in the bitcoin price, as the selling has been very orderly for quite a while. Essentially, capitulation comes from....
An important fundamental health signal of the Bitcoin network just crossed into “capitulation” territory, which in the past was associated with downside risk. However, the tool’s creator says that it wasn’t designed to give sell signals, and shouldn’t be interpreted that way. But because of how profitable its been used as a buy signal over […]
On Thursday, September 18, the Bitcoin price enjoyed some form of rejuvenation following the outcome of the United States Federal Open Market Committee (FOMC) meeting. Federal Reserve Chair Jerome Powell announced an interest rate cut for the first time in 2025. The general crypto market rallied on the back of this rate cut announcement, with the Bitcoin price running to a monthly high and almost breaking above the $118,000 level on the day. However, the premier cryptocurrency has failed to build on this momentum, retreating to around $115,500 on Friday, September 19. With price unable to....
On-chain data shows the Bitcoin Hash Ribbons are signaling that the miners are still under immense pressure as their capitulation continues. Bitcoin Hash Ribbons Are Yet To Signal End Of Miner Capitulation In a post on X, CryptoQuant community manager Maartunn has shared what the latest trend in the Bitcoin Hash Ribbons has been looking […]
The latest trend in the Bitcoin “hash ribbon” indicator has just formed a pattern that has historically been a buy signal for the crypto. Bitcoin Hash Ribbon Buy Signal Goes Off As Miner Capitulation Comes To An End As explained by an analyst on Twitter, the BTC miner capitulation phase seems to have ended today after going on for 71 days. Before trying to understand what the “hash ribbon” indicator does, it’s best to first take a look at the “hashrate” metric. The hashrate is a measure of the total amount of computing power connected to the....