New view on Bitcoin.
Bitcoin key level to watch - 3,400,000 Yen.
If Bitcoin can close below this trendline, I believe we will finally have Capitulation. (Below $30k USD)
“Capitulation" refers to the point in a market downturn when investors give up on recapturing lost gains and sell rather than hold a given asset.
Bitcoin key level to watch - 3,400,000 Yen.
If Bitcoin can close below this trendline, I believe we will finally have Capitulation. (Below $30k USD)
“Capitulation" refers to the point in a market downturn when investors give up on recapturing lost gains and sell rather than hold a given asset.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.