Bitcoin hit $60,000 because two different groups finally surrendered — on-chain data shows who blinked
By:CryptoSlate
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Bitcoin’s February drop to about $60,000 was the kind of single-day panic people will remember as a bottom. But the more accurate reading of this washout is harder and more useful: this cycle quit in stages, and the sellers rotated. A Feb. 10 report from Checkonchain framed the move as a capitulation event that arrived […]
The post appeared first on CryptoSlate.
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