- Daily Dispatch
- Posts
- Bitcoin shakeout 😬
Bitcoin shakeout 😬
Bitcoin holders who bought recently went from 25% profit to a 25% loss in December. Now what?
📝 What you need to know
Short-term Bitcoin investors who bought between one and three months ago are sitting on some pretty significant losses. Will they capitulate?
If BTC from short-term holders transfers from weak to strong hands, then it could form the bottom that Bitcoin needs to continue its ascent.
“During this cycle, these phases have often been associated with the formation of a bottom,” noted pseudonymous CryptoQuant analyst DarkFrost in a Tuesday tweet. He added that once a large portion has capitulated, “that is usually when the opportunity to accumulate becomes interesting.”
📰 In the News
📊 Myriad Market of the Day
😂 Meme of the Day
🥇 Be First to Market With Myriad
Join the Myriad Markets Telegram to see the latest prediction markets the second they drop!
With Myriad, the on-chain prediction market launched by Decrypt’s parent company DASTAN, you can break the news and stake the news, using USDC and points.
🕵🏻♀️ Editor’s Picks
📚 Watch and Learn
Interested in partnering with Decrypt? Find out more here.











