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Analyst Warns Bitcoin Could Repeat 2018 and 2022 Capitulation Events if BTC Breaches Crucial Support

A widely followed analyst says Bitcoin may repeat an historical capitulation event if BTC fails to hold one key level. The analyst pseudonymously known as Rekt Capital tells his 563,100 followers on X that if Bitcoin loses support at the 200-week exponential moving average (EMA) it may plummet in value similar to what occurred in […] The post Analyst Warns Bitcoin Could Repeat 2018 and 2022 Capitulation Events if BTC Breaches Crucial Support appeared first on The Daily Hodl.