Bitcoin just flashed a rare capitulation signal that historically triggers a violent rally
Bitcoin trades close to $89,000 as we speak after its 14-day relative power index fell beneath 30 in mid-November, a threshold merchants monitor for capitulation. A chart circulated by Global Macro Investor’s Julien Bittel, sourced to LSEG Datastream, overlays Bitcoin’s current path with the typical trajectory that adopted the final 5 RSI breaks beneath 30…
