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

Bitcoin is headed for the weekly close, and all eyes are on its price.

The fact that the capitulation phase has begun means that there could be more selling in the future.

The long-term holders’ SOPR is a metric which measures the amount of profits/losses which are realized by this cohort.

Crypto’s technological and economic implications are what interest him most, and he has one eye turned to the market whenever he’s not sleeping.

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