CoinKarma Identifies Short-Term Bottom Signal in BTC Trading Pattern

Bitcoin showed a "high-volume capitulation with rebound support" structure, CoinKarma said on Nov. 23. CVD indicators revealed BTC faced sustained selling pressure for consecutive days after breaking below mid-to-long-term key levels this week, accelerating the decline. Spot trading volume reached peak levels across multiple exchanges at the daily close on Nov. 21, indicating significant ownership turnover. CoinKarma characterized the pattern as a typical short-term bottom signal.