QCP analysts have underscored a significant development in the behavior of Bitcoin miners, noting signs of capitulation. Historically, such instances have often marked market bottoms. The most recent notable decline in hashrate reminiscent of this occurred back in 2022, coinciding with Bitcoin’s drop to $17,000. This pattern indicates that the price of the leading cryptocurrency may be nearing a crucial juncture. For the latest updates on financial and business news, visit COINTURK FINANCE.
