Fidelity Suggests Potential Bitcoin Market Bottom Amid Capitulation and Macro Risks

Bitcoin’s market bottom may be forming near $90,000 as short-term holder capitulation and extreme fear sentiment align with historical reversal signals, according to Fidelity Digital Assets analysis. This 20-30% drawdown within the bull market suggests a healthy reset before potential higher prices. Short-term holder capitulation: Metrics like the MVRV ratio indicate extreme selling pressure similar […]

Source: https://en.coinotag.com/fidelity-suggests-potential-bitcoin-market-bottom-amid-capitulation-and-macro-risks