Three signs that Bitcoin is finding its market bottom

Three signs that Bitcoin is finding its market bottom

Bitcoin’s selling pressure may be easing as momentum stabilizes, miners capitulate and liquidity conditions turn supportive.

Bitcoin (BTC) may establish a local bottom after dropping by over 35% from its record high of around $126,200 established two months ago, based on a mix of technical and on-chain indicators.

Key takeaways:

Momentum, miner capitulation and liquidity indicators point to fading selling pressure.

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