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

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

Bitcoin is currently in a "capitulation zone," with long-term holders selling off their assets amid bearish on-chain metrics suggesting potential further declines. Traders are closely examining whether the cryptocurrency will find a bottom around the $40,000 mark.

Read the full story at CoinTelegraph →


Source: CoinTelegraph · Report an issue

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