Capitulation In Crypto Market Hasn’t Occurred Yet, Data Shows

If you were trading Bitcoin or other crypto assets in late-2018, you likely remember the word “capitulation” mentioned time and time again. Why? well, after trading at $6,000 for months on end, BTC traders finally capitulated in November, resulting in the price of the leading cryptocurrency collapsing from $6,000 to $3,150 in four weeks’ time. This was the 2018 bear market’s capitulation moment.
Related Reading: Why a Fund Manager Thinks Bitcoin Will Rally 25% to $9,