Bitcoin Miner Capitulation Signals Potential Price Bottom and Upcoming Rally

The Bitcoin network is currently experiencing signs of miner capitulation, sparking concerns and discussions among financial analysts and crypto enthusiasts. Historically, miner capitulation has often coincided with the bottoming out of Bitcoin prices, potentially setting the stage for a future uptrend. According to CryptoQuant, less efficient miners have ceased operations due to declining profitability, highlighted

Source: CoinOtag