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📉 Bitcoin LTHs showing signs of capitulation
Bitcoin LTH SOPR has dropped below 0.80 seven times in the past month.
👉 What this means:
• Long-term holders are selling at a loss
• Indicates strong capitulation pressure
📊 Historically, such levels often appear near market stress or local bottoms.
💡 When long-term conviction starts breaking,
it usually signals late-stage fear in the market.
#Bitcoin #BTC #OnChain #Crypto #Markets #Capitulation