# Sean Hagan Sees Case for Bitcoin Time-Based Capitulation by Month's End By Token Post Canonical URL: https://www.tokenpost.com/news/insights/48215 Published: 2026-11-04T04:16:36.000Z Updated: 2026-11-04T04:16:36.000Z Section: Insights & Views > Hagan’s view centers on the duration of the downturn; an earlier analysis made the June low’s relative severity conditional on BTC staying above a true market mean near $77,000. Analyst Sean Hagan said Bitcoin (BTC) could have spent enough time in its downturn for time-based capitulation by the end of November. “As we enter the end of this month, there's also a strong argument that we have served our time in terms of time-based capitulation,” Hagan said. An [earlier market analysis]() treated Bitcoin’s June trough as potentially less severe than prior bear-market lows going back to 2017, but only if BTC stayed above a true market mean near $77,000. ## Links in this article - [earlier market analysis](https://www.tokenpost.com/news/investing/24016)