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

.1 min read
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