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capriole_charles
19 nov 2019 14:08

We are in a Miner Capitulation 

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Beskrivning

The Metric we have been tracking closely the last days has finally confirmed.

The 1 and 2 month Hash Rates have crossed. We are in a Bitcoin Miner Capitulation.

The only question now is, how deep will we go.
Kommentarer
webapp
by popularity, just 99% understand this :)
Barneypoker
Can this be a fake signal? The estimated difficulty of next block is going up almost 2%. Nevertheless price went downhill what can actually cause a capitulation.
capriole_charles
@Barneypoker, Difficulty is a lagging metric. Hash Rate typically leads Difficulty in identifying this situations. That's why I built this indicator and strategy in the first place.

I have written more on this topic if you would like to learn more.
capriole_charles
@capriole_charles, see also:
ReallyMe
if I were to take a guess I'd say it goes down to 7k then rebound to 7.8k then falling again:
one_lucky_FLIP
Looking to short on the next Sell signal on Trending King then (I know currently trending king is in sell status, the one following next after buy)
Happy128
Hey everyone,

I'm new at this . It is a little confusing right now and there's a lot to learn. I know I will get there. I have learned as well to take it slow, educate myself first before making any investments which is what I'm doing. Any suggestions?
Appelsiner
Buying signal (blue circle) just pop up on daily candles.
capriole_charles
@Appelsiner, yes it did
Appelsiner
Is it possible to have periods of miner capitulation which give "positive returns"....? There are about 10 periods of miner capitulation and if i am not wrong in three of them the returns were positive as for example in April 2015, Dec 2012 and June 2012.
Mer