Bitcoin bottom fast approaching based on crypto miner capitulation and the Pi Cycle Bottom indicator

Last week, Bitcoin plunged to its lowest price this year as it briefly traded below $18,000. While the cryptos price has since recovered and BTC is currently trading at around $21,000 many are still cautious fearing the possibility that the cryptos price could decline further. However, some crypto experts believe that there are signs hinting that Bitcoins price bottom could be fast approaching. These include the recent miner capitulation event where miners unloaded thousands of tokens to exchanges and the Pi Cycle Bottom indicator, which has some track record in estimating the bottom of a...



source: https://tokenpost.com/Bitcoin-bottom-fast-approaching-based-on-crypto-miner-capitulation-and-the-Pi-Cycle-Bottom-indicator-9655

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