Bitcoin Likely Bottomed: Analysts Cite Capitulation, ETF Inflows and Post-Halving History
4 Articles
4 Articles
Bitcoin Likely Bottomed: Analysts Cite Capitulation, ETF Inflows and Post-Halving History
Bitcoin may have reached its lowest point according to two prominent market observers who point to specific technical patterns and historical parallels that suggest the current price action marks a significant turning point. Their analysis arrives as Bitcoin trades in a range that has tested investor patience for months, with many wondering whether further downside awaits or if accumulation has already begun in earnest. The first analyst, widely…
Bitcoin’s Historic Capitulation Zone Is Near $38.4K: But Something Is Changing
Bitcoin staged a strong rally in August, surging by almost 30%. While some believe that the bear market is over, others argue that the risk of a devastating plunge still lurks over the world’s largest crypto asset. Alphractal founder Joao Wedson said that BTC’s Balanced Price currently stands near...
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