The biggest news in the cryptoverse for Nov. 23 includes Bitcoin hash ribbon metric’s indication of an upcoming miner capitulation, on-chain data revealing investors taking advantage of the low prices...
Tag: Capitulation
BTC hash ribbon upcoming convergence signals miner capitulation
Bitcoin (BTC) hash ribbon indicators are often used to identify and catch BTC bottoms as the convergence of the BTC hash ribbon signals further miner capitulation as mining costs increase, and BTC pr...
These Bitcoin Metrics Signal A Capitulation Event Is Near
Several metrics currently suggest that the Bitcoin price is finally finding its bottom after another capitulation event, possibly triggered by the Genesis/ DCG/ Grayscale saga. This final miner capitu...
Bitcoin Holders Selling At Large Losses, Is Final Capitulation Here?
On-chain data shows Bitcoin holders have been selling at large losses on the level of previous bottoms, suggesting that the final capitulation for the cycle may be here. Bitcoin 7-Day MA aSOPR Has Sha...
XRP Price Enters Final Capitulation Phase, This is When it May Hit an ATH Above $4
The bulls are slowly turning in favour of XRP as the asset has been withstanding huge bearish pressure for quite a long time. The asset is among the cryptos which failed to mark a new high during the ...
Bitcoin price hits $17K on US PPI as trader warns of ‘final capitulation’
Bitcoin (BTC) spiked to $17,000 at the Nov. 15 Wall Street open as fresh United States economic data continued to show inflation cooling. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “G...
Was This Capitulation or More Pain Ahead for BTC Following the FTX Bankruptcy? (Bitcoin Price Analysis)
Market participants are going through a period of fear and uncertainty as the FTX exchange has recently announced bankruptcy after facing a massive liquidity crunch. As a result, Bitcoin plunged and m...
Solana (SOL) Price Jumps 50% – Does This Mean Capitulation Is Over?
The Solana (SOL) price has increased over the past two days but could still be in a relief rally. An eventual re-test of $13 is the most likely scenario. The Solana price has decreased since reaching ...
Is the Last Capitulation Wave Coming? Whales Liquidate Bitcoin While Miners Get Rid of It
Exchange contagion has become a historical tendency that occurs close to the absolute BTC bear market bottom. During the previous bear cycles, it was Mt.GOX, later Bitmex and now FTX. It appears to ha...
Crypto Market Crashed! Here are the Potential Bottoms of the Current Capitulation Phase
Bitcoin & Ethereum prices marked new lows for 2022 below $16,000 and $1,000, respectively. While a slight recovery has been recorded in the past couple of hours, it may be just an attempt to lock ...
Crypto Market Recovery or Capitulation; Analysts See Both Possibilities
The overall crypto market is still in retreat from its weekend highs. Meanwhile, analysts have debated whether things show signs of recovery or capitulation. Since their weekend highs of just over $1....
Public Bitcoin miners show we can expect a second capitulation
Determining the market bottom requires a lot of guesswork. Bitcoin’s recent volatility has resulted from various factors ranging from geopolitical uncertainty and local regulation to internal implosio...
Why Bitcoin Miner Capitulation Has Concluded For This Cycle
Every crypto bear market has seen Bitcoin miner operations capitulating to stay financially afloat. This capitulation often marks a bottom for BTC and the crypto market, allowing it to consolidate bef...
Major Bitcoin Capitulation Is About to Begin; BTC Price Could Reach $11,000 in December 2022!
Bitcoin fractals have largely remained unchanged as prices have remained within the same ranges. Despite the fact that the hash rate has been increasing and reaching new highs, the price has not chang...
Ethereum (ETH) Now Showing This Foremost Capitulation Sign: Details
According to on-chain analytics firm Santiment, several capitulation signs are now emerging following the last market declines on Friday, among which are transactions from addresses trading out their ...
ETH active addresses drop to 4-month low; is capitulation event in sight
Since the merge, the count of trades on the Ethereum [ETH] network has been plagued by decline, new data from Santiment revealed. According to the blockchain analytics platform, the count of daily act...
What’s needed for stocks to rally is capitulation, but that could come from unexpected sources, strategist says
It’s the end of what felt like another very choppy week in stocks. And yet the S&P 500 SPX, +0.36% is in line to start the final session only about 1% or so below last Friday’s close. Uncertainty ...
Capitulation or profit-taking? Bitcoin whale moves 32K BTC dormant since 2018
Bitcoin (BTC) worth over $600 million moved for the first time since the last bear market on Oct. 18, analysis has revealed. In a Twitter thread, monitoring resource Whalemap flagged a transaction inv...
Crypto Analyst Benjamin Cowen Predicts Bitcoin (BTC) Capitulation Scenario – Here’s His Target
Popular crypto analyst Benjamin Cowen thinks Bitcoin (BTC) could still witness another sell-off event en route to printing a fresh bear market low. In a new YouTube video, Cowen tells his 770,000 subs...
Stocks and global growth sentiment pointing to ‘full capitulation’
With last week’s drop in all stock indices, investors seemed willing to start the search for a market bottom. The S&P 500 is down over 23% year-to-date (YTD), while Nasdaq is down over 32% YTD and...
BofA Survey ‘Screams’ Capitulation With Rally Set for Early 2023
(Bloomberg) — The sentiment on stocks and global growth among fund managers surveyed by Bank of America Corp. shows full capitulation, opening the way to an equities rally in 2023. Most Read fro...
Bitcoin clings to $19K as trader promises capitulation ‘will happen’
Bitcoin BTC stayed rigidly tied to $19,000 into the Oct. 16 weekly close as analysts warned that volatility was long overdue. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst: BTC v...
This on-chain ratio shows Bitcoin could go lower before final capitulation
One of the most frequently used on-chain metrics to determine Bitcoin’s performance is the behavior of its long-term holders. Defined as addresses that haven’t moved any BTC in six to twelve months, l...
Bitcoin Stakeholders With Over $1,490,000,000 in BTC at High Capitulation Risk, Warns Analytics Firm Glassnode
Leading analytics firm Glassnode warns that a certain group of Bitcoin holders that collectively own nearly $1.5 billion worth of BTC is in danger of capitulating. Glassnode says that Bitcoin’s hash r...
we may be very close to Fed capitulation
Jerome Powell, chairman of the US Federal Reserve – Al Drago /Bloomberg Warnings about monetary overkill by central banks are growing louder. This time the insurgency is coming from within Ameri...
Bitcoin miners capitulation passes, but spiking hash rate keeps pressure on
On October 3, the Bitcoin hash rate soared to a new all-time high of 244.25 EH/s. Commenting on this, Binance CEO Changpeng Zhao said, “miners know something we don’t.” Two days later, the hash rate s...
Cardano Capitulation May Soon Lead to ADA Price Rebound
– Advertisement – Santiment makes favorable predictions for Cardano Santiment, a leading market intelligence platform that tracks the activities of the top 2,000 cryptocurrencies, noted th...
Ark Invest Analyst Says Crypto Market Is Completing Its Capitulation
Alex Dovbnya Ark Invest’s Yassine Elmandjra believes that crypto market has likely reached bottom of this cycle, but global market uncertainty continues to persist Yassine Elmandjra, analyst at ...
Wall Street Capitulation Calls Get Ever Harder as Stocks Bounce
(Bloomberg) — After a furious spate of retail selling unseen since December 2018 and beaten-down risk appetite, all the ingredients were in place heading into the big stock rebound Monday. Most ...
Bitcoin (BTC) Flashing Weak Hand Capitulation, Holding Steady Amid Stock Market Drop: Analytics Firm Santiment
A leading digital asset analytics firm says one reliable technical indicator is suggesting that weak hands have already left the crypto markets. Santiment says it’s keeping a close watch on Bitcoin’s ...
‘Painfully slow capitulation’: Why investors keep getting inflation wrong
A brutal third quarter in financial markets came to a close on Friday and one thing is overwhelmingly clear: Inflation is the single most important factor driving asset valuations right now and yet fe...
Bitcoin Cost Basis metric indicates short-term holder capitulation
The Bitcoin: Cost Basis metric, also known as the realized price, is split into the long-term holder (LTH) and short-term holder (STH) cohorts. Cost basis refers to the accumulated fair market value o...