Bitcoin’s latest wipeout has all the hallmarks of a classic capitulation event—exactly the kind of deep washout that often precedes explosive, face-ripping upside. Crypto Capitulation May Be the Fuse for Bitcoin’s Next Explosive Rally A quick scroll through social media on Thursday makes it clear plenty of crypto loyalists not only buy into this theory […]
Source: https://news.bitcoin.com/bitcoins-brutal-flush-sets-the-stage-for-a-violent-upside-rebound/