Odaily Planet Daily reports that according to CryptoQuant data, compared to previous cycles, BTC has not yet reached the typical surrender depth of -70% to -80%. Currently, Bitcoin’s price is still about 50% below its all-time high.
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CryptoQuant: BTC has not yet reached the typical capitulation depth of -70% to -80% in previous cycles
Odaily Planet Daily reports that according to CryptoQuant data, compared to previous cycles, BTC has not yet reached the typical surrender depth of -70% to -80%. Currently, Bitcoin’s price is still about 50% below its all-time high.