| Time | Details |
|---|---|
| 2024-06-24 19:00 |
Bitcoin Approaching Oversold Levels Amid Mt. Gox News
According to @CryptoMichNL, Bitcoin is becoming the most oversold it has been in a year due to the recent Mt. Gox news. The last two instances of such overselling were during the FTX crash and the correction in August 2023. This suggests that Bitcoin might be nearing a significant price movement. (Source) |
| 2024-06-26 07:32 |
Significant USDC Inflows into CEX and BTC Accumulation by 'Mr.100'
According to MetaEraCN, centralized exchanges (CEX) saw a significant net inflow of USDC, reaching a one-year high of $228 million, as reported by IntoTheBlock's research head, Lucas. Additionally, HODL15Capital monitored that the address 'Mr.100' accumulated 317.58 BTC in three transactions yesterday. FTX is also preparing to seek creditor votes on its restructuring plan. (Source) |
| 2024-06-28 23:00 |
Bitcoin Miner Capitulation Reaches December 2022 Levels
According to @jjcmoreno, Bitcoin miner capitulation has reached levels comparable to December 2022, with a 7.6% drawdown. This period in December 2022 marked the cycle bottom following the FTX collapse. (Source) |
| 2024-06-28 23:00 |
Bitcoin Miner Capitulation Reaches December 2022 Levels
According to @jjcmoreno, Bitcoin miner capitulation has reached a 7.6% drawdown, a level comparable to December 2022. This period in December 2022 marked the cycle bottom following the FTX collapse. (Source) |
| 2024-06-29 13:20 |
Bitcoin Miners Nearing Capitulation, Market Reversal Imminent
According to CryptoMichNL, the Bitcoin network's true hashrate drawdown indicates that miners are approaching capitulation areas similar to those seen during the FTX collapse. The current drawdown is as severe as it was during that period, suggesting that a market reversal may be imminent. (Source) |
| 2024-06-29 13:20 |
Bitcoin Miners Near Capitulation Levels Similar to FTX Collapse
According to @CryptoMichNL, the Bitcoin network's true hashrate drawdown is indicating that miners are nearing capitulation levels comparable to those seen during the FTX collapse. This heavy drawdown suggests that it may only be a matter of time before the market begins to reverse. (Source) |