Bitcoin in ‘capitulation zone’ as traders debate when BTC price will bottom

Bitcoin in ‘capitulation zone’ as traders debate when BTC price will bottom

Bitcoin appears trapped within a capitulation zone where long-term holders continue to sell, and bearish onchain metrics hint at further downside. Will a drop to $40,000 mark the final price bottom?

bitcoin
Bitcoin (BTC) $ 86,202.00
ethereum
Ethereum (ETH) $ 2,753.05
tether
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bnb
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xrp
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solana
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dogecoin
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chainlink
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shiba-inu
Shiba Inu (SHIB) $ 0.000006
nexo
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enjincoin
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cardano
Cardano (ADA) $ 0.254774