[Glassnode: Market Sellers Exhibit Capitulation Again, Possibly Indicating a Phase Bottom] BlockBeats News, October 16, Glassnode shared data on social media stating that during yesterday's BTC downturn, seller capitulation occurred once again. Each wave of loss-driven selling has coincided precisely with local bottoms: early August, mid-August, and mid-September. Since the September peak, profit-taking has slowed down. If this pattern holds, the selling slightly above $8,000 yesterday could mark the bottom. [Original Link]