5
Bitcoin (BTC) sellers resumed their activity on Thursday as theBitcoin price turned away from its intraday high of $68,300. Analysts said that Bitcoin remained in capitulation, which could push the price lower, potentially reaching a bottom during the last quarter of 2026.
Key takeaways:
-
Multiple onchain indicators suggest Bitcoin is in deep capitulation as downside risks remain.
-
Long-term holder net-position change shows extreme distribution, mirroring past corrections that preceded further downside…