Bitcoin is stuck in the $80,000–$95,000 range, possibly experiencing a "time-driven capitulation"

BTC-0,4%

Odaily Planet Daily reports that the current narrow consolidation phase of Bitcoin is similar to the range in April 2025. Since November 21, Bitcoin has been trading between $80,000 and $95,000, which roughly corresponds to the volatility from late February to early April 2025, when Bitcoin consolidated for 52 days before ending with a new rally, ultimately reaching a peak of over $126,000 in October. Traders refer to this situation as “time-driven capitulation,” where prolonged dull price movements lead impatient holders to exit the market. In recent years, as Bitcoin has become more mature as an asset and extreme declines in early cycles have not reoccurred, “time-driven capitulation” has become the norm. (CoinDesk)

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Exodus Movement Releases Financial Report: FY2025 Revenue of $121.6 million, holding over 610 BTC as of the end of February

Exodus Movement releases FY2025 financial report, with revenue reaching $121.6 million, a new record high. The company holds over 610 Bitcoin and 1,840 Ethereum, and has fully repaid the $60 million debt financing obtained through Galaxy Digital.

GateNews6m ago

Bitcoin L1 smart contract platform OP_NET completes $5 million funding round, with Further leading the investment

Gate News Announcement, March 12th, Bitcoin L1 native smart contract platform OP_NET announced the completion of a $5 million funding round. This round was led by Further, with participation from ANAGRAM, Arcanum Capital, Humla Ventures, Morningstar Ventures, G20 Ventures, and UTXO

GateNews54m ago

21Shares Analyst: BTC May Fluctuate Between $68,000 and $74,000 in the Short Term

21Shares strategist Matt Mena pointed out that March CPI data has been absorbed by the market. In the short term, BTC is expected to fluctuate between $68,000 and $74,000. After breaking above $75,000, it may enter the $75,000 to $80,000 range. Historically, BTC often rebounds more than 15% after geopolitical shocks, and a restart of rate cuts could accelerate the recovery.

GateNews1h ago

Paraguay issues Resolution No. 47/26 requiring platforms to provide detailed reports on cryptocurrency transaction information

Gate News Update: On March 12, the Paraguay National Tax Service issued Resolution No. 47/26 to strengthen tax regulation on Bitcoin and cryptocurrencies. The new regulation requires crypto platforms and administrators to report detailed information on each user transaction, including wallet addresses, networks used, and transaction hashes. The scope of regulation covers cryptocurrency donations, inheritances, and NFT transactions exceeding $5,000 annually. This measure aims to incorporate digital assets into Paraguay's national tax system while complying with the Financial Action Task Force (FATF) anti-money laundering recommendations.

GateNews1h ago
Comment
0/400
No comments