A profitable trading day is really hard to come by. Especially when an American billionaire investor (Yes, Charlie Munger) has just called for a ban on cryptocurrencies. Funnily enough, 14 hours (at p...
Tag: Capitulation
Bitcoin: With Puell Multiple above capitulation, will miners halt selling?
Miners might revert to a revenue increase as the Puell Multiple left the capitulation area. Market statistics showed that the current condition was not overheated. Bitcoin [BTC] holders were not the ...
As Bitcoin and Ethereum continue rally, capitulation severity has lessened
Definition Net Unrealized Profit/Loss is the difference between Relative Unrealized Profit and Relative Unrealized Loss. This metric can also be calculated by subtracting realized cap from the market ...
Justin Sun Transfers $15.5M ETH to Poloniex, Is It Capitulation Time?
One of the top Ethereum (ETH) whales, Justin Sun, with approximately 223,780.577 Ethers in one wallet, has transferred 10k units to his backed crypto exchange, Poloniex. Sun, the Tron Foundation foun...
Bitcoin hash rate surpasses another ATH, Hash Ribbon indicates miner capitulation is over
Definition Hash rate is defined as the average estimated number of hashes per second produced by the miners in the network. The Hash Ribbon indicator shows that the worst of the miner capitulation is ...
BTC metrics exit capitulation — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts the last week of January in fine form after sealing its highest weekly close in five months. Despite opposition, the largest cryptocurrency is holding on to its newfound strength...
BTC Hash Ribbon indicator signals miner capitulation could be almost over
Bitcoin (BTC) holders had it tough in 2022, but it was an even tougher year for BTC mining — mining stocks fell over 80%, and mining company bankruptcies solidified the bear market — but the worst of ...
Bitcoin Price Reclaims $17K But Final Capitulation May Not Be In Yet: Analysis
Bitcoin’s price is already down by over 75% since its peak in November 2021, and there’re multiple reports claiming that the bottom is in. However, a popular analyst warned that we could be in the mid...
Bitcoin and Altcoin Price To Drop Heavily With Major Capitulation in 2023!
Toni Ghinea, an independent cryptocurrency analyst, has revealed on Twitter their forecast for the price of bitcoin in the year 2023. According to Ghinea, this year will be the year when the cryptocur...
Analyst reads full-fledged capitulation in Tesla as it becomes the most purchased stock
Vanda research firm says that Tesla, Inc. (NASDAQ:TSLA) is set for a huge capitulation in 2023. That comes amid increased retail interest in the stock at low valuations. The electric vehicle maker’s s...
Bitcoin recovers faster post-FTX than after past major capitulation events, data shows
Although Bitcoin (BTC) has been trading in a sideways pattern in recent days, as the aftermath of the FTX collapse still pressures the cryptocurrency market, its funding rates are recovering faster th...
Bitcoin (BTC) Reaching Its ‘Breaking Point’ Before Major Capitulation, Says Crypto Analyst Nicholas Merten
Crypto analyst Nicholas Merten is warning that Bitcoin (BTC) is inches away from a “breaking point” which could cause a major capitulation event. In a new video update, Merten tells his 511,000 YouTub...
Crypto Market to Face Acute Miner Capitulation as the Bitcoin Set to Crash After December 25!
The crypto market has been range-bound recently, with no clear buying or selling pressure on Bitcoin’s price. Some indicators are also becoming bearish, which could potentially push the price lower. ...
What is crypto market capitulation and its significance
Capitulation literally means concede. In the financial sphere, this term reflects a period of aggressive selling when the last of the bulls concede defeat to become bears themselves. What is crypto ma...
BTC, ETH, BNB, and DOGE Prices May Find their Bottoms in 2023! Is ‘Binance FUD’ the Final Capitulation Phase of 2022?
The crypto space is again bleeding, now with the fresh FUD over the world’s largest exchange Binance. Meanwhile, Bitcoin price is displaying some strength, as Ethereum price has slid down slightly. Ho...
Bitcoin Miner Capitulation Is An Exaggerated Fear: Analyst
Jaran Mellerud of Hashrate Index recently released a ‘comprehensive analysis’ on the thesis that a Bitcoin miner capitulation could put massive selling pressure on the market, causing a crash. The to...
Crypto Analyst Says Bitcoin To Undergo One Final Capitulation Before Bottoming Out – But There’s a Catch
A widely followed crypto analyst says that Bitcoin (BTC) will see one more capitulation event before it finally finds its bear market bottom. Pseudonymous crypto trader Altcoin Sherpa tells his 187,80...
There’s at Least one More Major Market Capitulation: Datadash Explains
Popular Youtuber Nicholas Merten (DataDash) argued that investors have not rushed to “buy the dip” on worries of the inflation numbers, which clocked in lower than the expectations earlier today. Base...
CZ, SBF trade jabs in Twitter feud; Bitcoin firmly in capitulation phase
The biggest news in the cryptoverse for Dec. 9 includes a Twitter sparring between Binance CEO Changpeng Zhao and former FTX CEO Sam Bankman-Fried, and Hut8, Riot, and Marathon are emerging as the on...
Analysis of on-chain metrics suggests Bitcoin is firmly in capitulation phase
Since June, Bitcoin (BTC) – and the general market subsequently – has been in capitulation, other than a handful of rallies seen in the summer of this ongoing bear market according to on-chain data pr...
Bitcoin clings to $17K as ARK flags ‘historically significant capitulation’
Bitcoin (BTC) and decentralized blockchains are “as strong as ever” in the wake of the FTX meltdown, ARK Invest says. In the latest edition of its monthly newsletter, “The Bitcoin Monthly,” the invest...
Bearish Clouds Haunt the BTC Price Rally, Will Bitcoin Be Stuck Under Miners’ Capitulation?
Bitcoin price again slumped below $17,000 after holding upright for some time during the previous trading day. Meanwhile, the Bitcoin (BTC) hash rate has also dropped as the miner continue to struggle...
BTC records Largest capitulation as SOPR hits lowest since 2018
The Adjusted Spent Output Profit Ratio (aSOPR), a metric that indicates whether holders are selling at a profit or loss recorded a downward trajectory below the 1-level, which suggests investors are ...
Crypto and Capitulation — Is there a silver lining? Watch Market Talks on Cointelegraph
On this week’s episode of Market Talks, Cointelegraph welcomes Magdalena Gronowska, co-founder of Citadel 256 and senior consultant at MetaMesh — a blockchain consultancy and building platform. This w...
Hash Ribbon Reversal Signals Bitcoin Miner Capitulation Phase
Bitcoin and other cryptocurrencies are feeling the effects of the negative trends occurring in the market. The crypto winter predicted to wind up in early November by some experts is still in full swi...
Bitcoin capitulation 4th-worst ever as BTC hodlers lose $10B in a week
Bitcoin (BTC) hodlers have capitulated more than at almost any point in Bitcoin’s history this month. Data from on-chain analytics firm Glassnode confirms that the November 2022 BTC sell-off was the f...
Hash Ribbon Reversal Confirms Bitcoin Miner Capitulation Phase
Hash ribbons have just formed a death cross which has been a leading indicator for Bitcoin miner capitulation in previous cycles. Hash Ribbon indicators use simple daily moving averages to identify ch...
Bitcoin Miner Capitulation Is In Full Effect, How Long Will It Last?
The collapse of the crypto exchange FTX is causing a historic event in the Bitcoin market. Yesterday, on-chain data signaled the second wave of a Bitcoin miner capitulation in one cycle. Historically,...
New BTC miner capitulation? 5 things to know in Bitcoin this week
Bitcoin (BTC) prepares to exit a grim November just above $16,000 — what could be on the menu for BTC price this week? In a time of what analyst Willy Woo has called “unprecedented deleveraging,” Bitc...
Another BTC Drop Incoming? Bitcoin Miner Capitulation Likely According to Analysis
Bitcoin’s price is struggling above the $16K mark, and it seems that more troubles might be coming. Data shows that miners might be having hard times, as their revenues are getting lower while the min...
One Final Capitulation Crash Before Bitcoin Reversal? Analyst Benjamin Cowen Analyzes Potential BTC Bottom
Crypto analyst Benjamin Cowen is examining the historical patterns of Bitcoin bear markets to estimate when BTC could bottom out. In a new strategy session, Cowen says it would be reasonable to expect...
Bitcoin Capitulation Deepens As aSOPR Metric Plunges To Dec 2018 Lows
On-chain data shows the Bitcoin aSOPR metric has dropped to lows not seen since December 2018, suggesting that holder capitulation is deepening. Bitcoin aSOPR Plummets To Lows Not Observed Since Almos...