Capitulation Alert! Bitcoin has plunged below $56.5K marking largest liquidation since FTX incident
1 year ago
60
Capitulation Alert!
Bitcoin has plunged below $56.5K, marking the largest liquidation since the FTX incident. The recent movements of the Mt. Gox wallets have triggered this drop.
We often see such news events during capitulation phases. This is a significant one, but don't give in to panic selling.
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