Bitcoin’s selling pressure may be easing as momentum stabilizes, miners capitulate, and liquidity conditions turn supportive.
Bitcoin (BTC) may establish a local bottom after dropping by over 35% from its record high of around $126,200 established two months ago, based on a mix of technical and on-chain indicators.
Key takeaways:
Momentum, miner capitulation, and liquidity indicators point to fading selling pressure.
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