Bitcoin News
By Jean-Luc Maracon
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The $120,000 Advice: Who Sold, Who Regrets. Analysts saw the reversal coming. At $120,000, the recommendation was clear: sell, take profits,…
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Capitulation: The Word Everyone Fears. Capitulation, in crypto jargon, is when investors throw in the towel.
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Bitcoin is faltering. Not in a spectacular crash, but through a series of declines that add up, and analysts who advised selling around $120,000 are starting to look quite astute.
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The pattern is classic. A small rebound, a bit of optimism on social media, followed by a correction that wipes out gains and leaves investors in the red.
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Those who sold at this level have probably slept well since.
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Those who held on, hoping for a new peak, are now navigating much choppier waters. The exact timing of a capitulation remains unclear — no one can really say when it will happen…
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And the bottom, we don't know where it is.
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Capitulation, in crypto jargon, is when investors throw in the towel. They sell en masse, often at a loss, because they no longer believe in a short-term rebound. It's painful.
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Related: Strive climbs to 19,900 Bitcoin with a purchase at $64,000, treasury holds firm
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But before getting there, there's a lot of suffering.
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Read also: Strive Increases Bitcoin Holdings to 19,900 with $64,000 Purchase, Cash Reserves Steady
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The small rallies we're seeing right now are particularly deceptive. They give the impression that the worst is over. Buyers come in, hoping they've caught the bottom.
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Psychology plays a huge role here. Fear, doubt, the urge to cut losses before they worsen — all this drives people to sell, which fuels the decline, prompting others to sell.
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External factors don't make things easier. Bitcoin doesn't operate in a vacuum. Macro developments, regulatory decisions, global economic tensions — all these can amplify or…
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See also: Bitcoin ETF flows support institutional positioning at current levels
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