Bitcoin Signals Potential Rally as Miner Capitulation Ends, Says CryptoQuant

Bitcoin Signals Potential Rally as Miner Capitulation Ends, Says CryptoQuant

Bitcoin may be poised for a new surge, according to analysts at the on-chain analytics platform CryptoQuant. The recent signal from the widely-followed Hash Ribbons indicator suggests that miner capitulation has ended, potentially setting the stage for higher prices. This bullish outlook emerges as Bitcoin retests the $59,000 level, despite the cryptocurrency facing resistance at $62,400 and retreating below $60,000 over the past week. Has...

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