Bitcoin Traders Trigger Heavy Sell Pressure

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Bitcoin price dropped 25% in 2022 and 50% in 2018 after similar on-chain loss signals, a warning sign for BTC’s next move.

Bitcoin traders are selling at a loss for the first time since 2022, raising odds that the biggest cryptocurrency’s ongoing price correction may deepen in the coming weeks.

Bitcoin is witnessing loss-driven selling that has historically lasted six months or more.

These signals surfaced during previous bear markets, preceding sharp downtrends each time.

BTC capitulation may last for another six months


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