Bitcoin has seen major capitulation from all-time highs and on-chain indicators suggest the worst may be behind us, but significant macro challenges remain.
September’s CPI release comes in hot and sparks one of the most volatile days we’ve seen yet. The BM Pro team’s thoughts on where a bitcoin low price could be.
A look at previous bitcoin bear market cycles shows two distinct phases of capitulation and can give insight into how much longer the bear market will last.