Market Wrap: Bottom Has Not Been Reached for Crypto, but Capitulation Is Needed

Market Wrap: Bottom Has Not Been Reached for Crypto, but Capitulation Is Needed


Bitcoin came close to hitting $20,000 in the past 24 hours, a threshold that could potentially trigger large liquidations. But this likely isn’t the bottom yet, said Apifiny CEO Haohan Xu, given the lack of bullish sentiment and worsening liquidity.

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