$BTC Mayer Multiple has entered the capitulation zone, a level that historically appears when fear reaches extremes and price trades below its long-term average.

Historically, when we reach capitulation, upside momentum tends to start building in the following days — meaning positioning phases usually begin from these levels.

This doesn’t guarantee an immediate rally, but it often marks the stage where smart money starts to accumulate while sentiment stays weak.

Markets move in cycles, not emotions.

#bitcoin #BTC #crypto #OnChain

BTC

66,340.01

-1.52%