Just noticed something interesting in Bitcoin's recent action. Those heavy capitulation signals we saw on Thursday are actually looking pretty bullish if you zoom out. When you see that kind of panic selling and capitulation, it usually means the weak hands are finally out of the picture. The data is showing some record-breaking metrics that typically show up near market bottoms. Obviously nothing is guaranteed, but capitulation events like this historically tend to mark turning points. Worth keeping an eye on Bitcoin's next move from here. Could be setting up something interesting if this capitulation holds as a local bottom.

BTC-2,8%
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