Bitcoin’s market bottom may be forming near $90,000 as short-term holder capitulation and extreme fear sentiment align with historical reversal signals, according to Fidelity Digital Assets analysis. This 20-30% drawdown within the bull market suggests a healthy reset before potential higher prices. Short-term holder capitulation: Metrics like the MVRV ratio indicate extreme selling pressure similar […]
Source: https://en.coinotag.com/fidelity-suggests-potential-bitcoin-market-bottom-amid-capitulation-and-macro-risks
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.