Maker Minds — A Bitcoin special edition — Did we reach the bottom?
makerminds.substack.com
Hey, you! Welcome to a very special edition of Mind Makers. After 12 weeks of consecutive drop, we are in an extreme fear market. When everyone is panicking, it’s the best time to start loading your crypto bags. 1. Did we reach the bottom? We have clearly entered the capitulation phase of the bitcoin market as this indicator on Glassnode shows. The higher the price of bitcoin, the more confidence and belief the players have, and this is reflected on Glassnode. On the contrary, the more the price of bitcoin falls, the more the players start to panic, and we have entered a phase of capitulation which is shown in pink on this indicator.
Maker Minds — A Bitcoin special edition — Did we reach the bottom?
Maker Minds — A Bitcoin special edition — Did…
Maker Minds — A Bitcoin special edition — Did we reach the bottom?
Hey, you! Welcome to a very special edition of Mind Makers. After 12 weeks of consecutive drop, we are in an extreme fear market. When everyone is panicking, it’s the best time to start loading your crypto bags. 1. Did we reach the bottom? We have clearly entered the capitulation phase of the bitcoin market as this indicator on Glassnode shows. The higher the price of bitcoin, the more confidence and belief the players have, and this is reflected on Glassnode. On the contrary, the more the price of bitcoin falls, the more the players start to panic, and we have entered a phase of capitulation which is shown in pink on this indicator.