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  "path": "/bitcoin-hit-60000-because-two-different-groups-finally-surrendered-on-chain-data-shows-who-blinked/",
  "publishedAt": "2026-02-15T17:15:25.000Z",
  "site": "https://cryptoslate.com",
  "tags": [
    "Analysis",
    "Bear Market",
    "Derivatives",
    "Featured",
    "Market",
    "bear market",
    "bitcoin",
    "BTC",
    "capitulation",
    "realized loss",
    "Bitcoin hit $60,000 because two different groups finally surrendered — on-chain data shows who blinked",
    "CryptoSlate"
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  "textContent": "Bitcoin’s February drop to about $60,000 was the kind of single-day panic people will remember as a bottom. But the more accurate reading of this washout is harder and more useful: this cycle quit in stages, and the sellers rotated. A Feb. 10 report from Checkonchain framed the move as a capitulation event that arrived […]\n\nThe post Bitcoin hit $60,000 because two different groups finally surrendered — on-chain data shows who blinked appeared first on CryptoSlate.",
  "title": "Bitcoin hit $60,000 because two different groups finally surrendered — on-chain data shows who blinked"
}