Bitcoin price-metric basket sees longest capitulation since FTX blow-up: Glassnode
Glassnode confirmed that its aggregate BTC price cycle tool was in its coldest phase since the collapse of FTX in late 2022.
Bitcoin is seeing its longest capitulation since the end of the 2022 bear market, onchain analytics platform Glassnode reported on Monday.
Key points:
Glassnode’s Bitcoin Cycle Position Heatmap, a composite BTC price metric overview tool, has signaled capitulation throughout 2026.