Glassnode: Market sellers show signs of capitulation again, potentially signaling a phase bottom in the market.

BlockBeats news, October 16: Glassnode posted data on social media stating that during yesterday's BTC decline, seller capitulation occurred once again. Each wave of loss-selling has appeared exactly at local bottoms: early August, mid-August, and mid-September. Since the September high, profit-taking has slowed down. If this pattern holds, yesterday's selling just above $80,000 will mark the bottom.