Bitcoin: Is The Bottom Near?
According to a report shared by CryptoQuant, Bitcoin’s recent volatility reflects a market operating in a defined capitulation zone rather than a confirmed reversal. The asset surged 17% between February 5 and 6, moving from $60,000 to test resistance near $70,000 within 24 hours, before failing to hold that level and retracing toward $66,000.
BTC
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