Part 7/12:
Largest Bitcoin Dump Since FTX Collapse: The recent sell-off, perceived as the largest since the FTX debacle of November 2022, was a rare event, increasing the probability that a significant capitulation phase has concluded.
Peak Sell Side Pressure: Data indicates that Bitcoin’s sell side pressure has reached levels comparable to December 2020 and January 2021, historically periods of market bottoms before subsequent upward moves.