Traders giving up on Bitcoin/Crypto? Market capitulation.
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Are traders giving up on Bitcoin and crypto? What is market capitulation? Is Bitcoin dead? Will Bitcoin go back up? Will Bitcoin recover? These questions are all being asked at the moment.
Market capitulation is a real phenomenon where traders literally give up and abandon their trades/investments. When this starts happening from within the Bitcoin community, we have real market capitulation on our hands. I believe this is occurring at the moment.
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