The largest panic sale in Bitcoin history with losses made by investors who bought coins at higher prices.
graph source: glassnode
This spike in selling may indicate that we are close to a possible bottom for the crypto market.
One more indicator to keep in mind
We are living in a mass capitulation, a scenario that wipes out weak hands and establishes a "possible" bottom for the market.
Have we already seen the Bitcoin floor at $17,600? .What do you think?
Is it time to invest in Hive and Leo?
This is a short post since I have had problems lately in publishing on the Leofinance network, my post gives an error and Hive appears but not in Leofinance. I will put the error that appears in the comments, if you know how I can report it so that they can solve it, I thank you.