Bitcoin Still Missing the Capitulation Signal That Marked Past Market Bottoms

CryptoQuant data shows Bitcoin realized losses at ~136k BTC currently, well below levels seen at prior cycle bottoms. Per analyst Julio Moreno, this gap suggests full capitulation hasn't happened yet — the kind of forced selling that historically marked market lows is still missing.

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For writing research only. Verify the original source before publishing; market data is not investment advice.