Headline: Buying Blood: Is the BTC Bottom In? 🩸
Market sentiment is at a 16-month low, but seasoned @Gate_io traders know that "capitulation" is often a synonym for "opportunity."
$BTC has retraced nearly 50% from its October peak of $126k, testing the resolve of even the strongest HODLers. 🌊
Key Indicators to Watch:
1️⃣ Supply in Loss: Nearly 10M BTC are currently in a "loss" position—historically, this convergence of profit/loss supply has signaled major market bottoms. 📊
2️⃣ ETF Outflows: We are seeing institutional cooling, but whale accumulation at the $60k-$65k range remains a "last l