Capriole Investments founder: Hash Ribbon data show that bitcoin miner capitulation has ended

08/21 01:00

Charles Edwards, the founder of Capriole Investments tweet that the Bitcoin miner capitulation has officially ended today, making it the 3rd longest capitulation in history at 71 days. This capitulation zone was longer than 2021, and just two days shorter than 2018's where price touched $3.1K. He said that historically, Bitcoin's miner capitulations have captured major price lows and been great buy-signals. Miner capitulations that occur late cycle (at least 2 years after halving) and after cycle tops have been the most profitable long-term signals (eg. 2012, 2015, 2018).
1022分享
免責聲明以上內容不代表 HTX 的任何立場HTX 不為任何交易提供相關決策建議

相關文章

  • Image

    Bitcoin’s $64,000 Rebound Faces A Real Test As Sellers Wait Near $65,000

  • Image

    Why Bitcoin miners are holding 1.19M BTC despite 10% mining stock losses

  • Image

    Ethereum vs. Bitcoin: Is ETH’s 5% Q3 rally the start of a structural rotation?

全部評論0最新熱門

avatar
最新熱門

相關文章

  • Image

    Bitcoin’s $64,000 Rebound Faces A Real Test As Sellers Wait Near $65,000

  • Image

    Why Bitcoin miners are holding 1.19M BTC despite 10% mining stock losses

  • Image

    Ethereum vs. Bitcoin: Is ETH’s 5% Q3 rally the start of a structural rotation?