Bitcoin capitulation

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Anjali is a full-time journalist at AMBCrypto. With a strong background in humanities, her personal inclination lies towards the political and socio-economic aspects of the crypto-sphere. Your email address will not be published. Save my name, email, and website in this browser for the next time I comment.

Connect with us. Where to Invest? Subscribe to our newsletter. Anjali Jain. You may like. The problem with the way regulators interpret financial privacy. Click to comment. Leave a Reply Cancel reply Your email address will not be published. A change in sentiment around Bitcoin and related energy concerns has spiraled into full blown bearish trend. Today in the crypto market, there was a little bit of FUD, a dash of devastation, and a few drops of liquidations.

There were even a decent amount of coins changing hands in January , but overall volume has been somewhat abysmal by comparison. Holders might not be convinced yet that the uptrend is over , or that Bitcoin will fall any lower, resulting in fewer coins to sell. What could get them to sell is another push much lower, causing that spike in volume that would essentially act as the icing on the cake.

The shock of seeing Bitcoin back at much lower prices, could be the capitulation event and the change of hands from weak to diamonds that propels the cryptocurrency higher in due time. Here, I explore my newfound passions pertaining to privacy, finance, economics, politics, cryptography, property rights, and other libertarian-esque views. I am a Bitcoin evangelist, maximalist, and educator whenever I can be, helping to spread its message of freedom from government control, monetary policy mismanagement, and passing the buck - literally — to future generations.

My journey from a curious retail crypto investor to a serious Bitcoin advocate, trader, and technical analyst is an unusual one, but life-changing nonetheless and has become less about money and more about a long-overdue revolution. While a firm believer in the laws governing math and science, I am profoundly fascinated by the impact of astrology and astronomy including moon and solar cycles and planetary alignment and their ability to influence and potentially predict markets.

My perspective of growing up alongside the internet, the dot com era, the Great Recession, and roots in video games collecting coins and rare items caused Bitcoin to immediately make sense to me. Through all of these lenses, I seek to produce content that is educational and entertaining, and I thank you sincerely for taking the time to read what I have to say.

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