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Bitcoin is sitting at a “critical point,” with traders split between two familiar scripts: a full capitulation event, or the early innings of a durable bottoming process. In a Feb. 15 video explainer, CryptoQuant analyst Maartunn argued the data is starting to line up for the latter, but with a clear caveat that any bottom is more likely to be a grind than a snapback.
Is The Bitcoin Bottom In?
Bitcoin is currently trading roughly 50% below its all-time high, a drawdown that looks severe in isolation…
Bitcoin Capitulation Or Buy Zone? What On-Chain Data Shows Right Now