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Bitcoin’s Bear Market Long-Term Holders Capitulation Started: Reason for Optimism?


Bitcoin’s Bear Market Long-Term Holders Capitulation Started: Reason for Optimism? #Bitcoins #Bear #Market #LongTerm #Holders #Capitulation #Started #Reason #Optimism Welcome to TmZ Blog, here is the new story we have for you today:

Bitcoin is headed for the weekly close, and all eyes are on its price. The past nine weekly candles have been negative, and the question is if it will break this trend today or put in the 10th red weekly candle.

Meanwhile, according to an analyst from CryptoQuant, the capitulation of long-term holders throughout this bear market has begun, and this may be a sign of optimism.

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