THE REAL BITCOIN CAPITULATION IS STILL MISSING!
More and more on-chain indicators are now sending clear signals:
Bitcoin $BTC appears to be entering a bottoming phase.
But one indicator highlights a crucial point…
The pain has now reached even long-term holders. Yet the level of capitulation we’ve seen at major historical bottoms is still missing.
That means we could still see one final capitulation move, potentially pushing prices to new lows.
The moment when the pain reaches its peak.
When even the strongest hands begin to lose conviction.
Bottom formation is underway.
But the final capitulation may still be ahead.
#USJulyCPI&PPIDueThisWeek #SheinSaidToLaunchHKIPOSubscriptionAroundAug20
More and more on-chain indicators are now sending clear signals:
Bitcoin $BTC appears to be entering a bottoming phase.
But one indicator highlights a crucial point…
The pain has now reached even long-term holders. Yet the level of capitulation we’ve seen at major historical bottoms is still missing.
That means we could still see one final capitulation move, potentially pushing prices to new lows.
The moment when the pain reaches its peak.
When even the strongest hands begin to lose conviction.
Bottom formation is underway.
But the final capitulation may still be ahead.
#USJulyCPI&PPIDueThisWeek #SheinSaidToLaunchHKIPOSubscriptionAroundAug20