@casimirelli
What role does miner capitulation play in Bitcoin’s market cycles?
Miner capitulation happens when mining becomes unprofitable, forcing weaker miners to sell their coins or shut down. This increases short-term selling pressure and often leads to a drop in Bitcoin’s price. However, it also clears inefficient players and can mark the bottom of a bear market. When capitulation ends, the network becomes more efficient, and selling slows. This creates a foundation for recovery. Many investors watch miner behavior, hash rates, and profitability to predict these turning points. In summary, miner capitulation often signals market reset and the beginning of a stronger uptrend.