Bitcoin in ‘capitulation zone’ as traders debate when BTC price will bottom - Source: CoinTelegraph

Bitcoin sellers resumed their activity on Thursday as the Bitcoin price turned away from its intraday high of $68,300. Analysts said that Bitcoin remained in capitulation, which could push the price lower, potentially reaching a bottom during the last quarter of 2026.

Key takeaways:

• -Multiple onchain indicators suggest Bitcoin is in deep capitulation as downside risks remain.

• -Long-term holder net-position change shows extreme distribution, mirroring past corrections that preceded further downside before bottoms.

• -Analysts forecast BTC price to hit a bottom in Q4 based on various technical and onchain metrics.

Story continues: https://cointelegraph.com/news/bitcoin-in-capitulation-zone-as-traders-debate-when-btc-price-will-bottom