Bitcoin Miner capitulation has reached levels comparable to | Mentor Minions na Binance Square

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Bitcoin Miner capitulation has reached levels comparable to December 2022 with a 7.6% drawdown. 
December 2022 marked the cycle bottom after the FTX collapse. Could this be another major turning point?

Izjava o omejitvi odgovornosti: vključuje mnenja tretjih oseb. Ni finančni nasvet. Lahko vključuje sponzorirano vsebino. Glejte Pogoje.

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Indeed bear market was better than this boring market. At least we used to take short-term trades . If we look at history, this is the worst of the worst phase — engagements are at an all-time low, and people are hardly interested in anything other than memes. But as I said, the current phase might delay the bigger moves in alts, but it can't stop them from happening. Who believes ? #ETF #CPI_DATA #Inflation #BullorBear.

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Institutions are continuously accumulating while people are in fear. Remember, big institutions never acquire anything where they have doubts. They're accumulating because they know buying #BTC at these levels is absolutely worth it. Just wait—once the market picks up pace, all those bears will suddenly turn into moonboys.

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At the moment we can observe the blockchain protocol narrative is gaining momentum in the market, as I told you earlier, and one of them is precisely #VET📝 The #VET tokens are the "value transfer medium" in the VechainThor blockchain, and they also manage the network and generate VTHO tokens 👀From a chart perspective, the asset is inside an extremely important and valid buyer's zone of interest, within which we can observe numerous liquidity manipulations from below on the daily timeframe, indicating the market maker posthyphenated recruitment of its large position📈 🔼In the near future I expect to see an exit from this zone with the subsequent formation of a medium-term uptrend, the goal of which is to overcome the resistance zone and test the 0.157$ mitigations level 📌If I were you, I would set this trade with a grid of limit orders to the lower border of the zone of interest of the buyer, so you can catch the best entry point. #ETF #Ethereum #solana #Binance #bitcoin

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Bitcoin made a high around 59300$✅ Soon we will see price testing 60250$ area. Bitcoin is exactly following our path #BTC☀️ #bitcoin #analysis @Market_tracker #Ethereum #solana

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RLC analysis: Price broke the major support area and now trading below it. This is no trade zone and better to wait for some time for new entries. Support Area: $1.24-$1.31 Resistance Area: $1.95-$2.07 #RLC #Binance #bitcoin #analysis

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