Time | Details |
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2024-06-29 13:20 |
Bitcoin Miners Near Capitulation Levels Similar to FTX Collapse
According to @CryptoMichNL, the Bitcoin network's true hashrate drawdown is indicating that miners are nearing capitulation levels comparable to those seen during the FTX collapse. This heavy drawdown suggests that it may only be a matter of time before the market begins to reverse. (Source) |
2024-07-05 05:15 |
Bitcoin Experiences Largest Liquidation Since FTX Collapse
According to @CryptoMichNL, Bitcoin has fallen below $56,500, marking the largest liquidation event since the FTX collapse. This significant drop was influenced by movements from the Mt. Gox wallet. Traders are advised not to panic sell during this capitulation event. (Source) |
2024-08-03 08:00 |
Bitcoin Dominance Approaching Resistance Amid Market Uncertainty
According to @CryptoMichNL, Bitcoin dominance is expected to reach a new high, approaching a resistance area. Although there is no confirmed resistance yet, the prevailing market uncertainty suggests that Bitcoin might hit this resistance during the final capitulation phase. (Source) |
2024-08-04 18:18 |
CryptoMichNL Signals Market Capitulation
According to CryptoMichNL, the cryptocurrency market is experiencing capitulation. This typically indicates a period where investors are giving up on their positions, often leading to a significant drop in prices. Traders should be cautious and consider the potential for further downside or opportunities to buy at lower prices. (Source) |
2024-08-04 19:36 |
Crypto Capitulation May Have Ended, Ethereum Mimicking Bitcoin
According to CryptoMichNL, the recent capitulation in the cryptocurrency market over the past two weeks has likely concluded. Ethereum has reached a new six-month low, while Bitcoin has hit $58,000. Altcoins are also experiencing significant declines, reaching new bear market lows. However, Ethereum appears to be following Bitcoin's trend. (Source) |
2024-08-05 05:39 |
Major Crash in Japanese Stock Index Signals Potential Market Volatility
According to @CryptoMichNL, the Japanese Stock Index has experienced a significant drop of 12% in a single day, marking the largest crash since 1987. This event indicates a market capitulation, suggesting that a major economic intervention, such as increased money printing, may occur soon. (Source) |
2024-08-27 10:10 |
Insights from Holding Time of Transacted Coins Indicator
According to IntoTheBlock, the Holding Time Of Transacted Coins indicator offers valuable insights into investor confidence and market sentiment. Notably, spikes in this indicator are observed when long-term holders begin to sell, typically during market capitulation and peak events. This tool can be particularly useful for traders looking to gauge market dynamics and sentiment shifts. (Source) |