Bitcoin’s “short-term holder stress” metric has fallen to lows not seen since 2018, suggesting the market has capitulated and possibly bottomed.
A key Bitcoin (BTC) on-chain metric is flashing its most extreme capitulation signal since 2018, hinting at a potential cycle-low setup.
Bitcoin’s short-term holder stress has dropped to its lowest level since the 2018 bear market bottom, according to new on-chain data from Checkonchain.
The Short-Term Holder (STH) Bollinger Band metric shows the oscillator falling into its deepest oversold territory in nearly eight years.
