"$BTC Just Flushed $60B in Hours Shakeout or Real Capitulation? My Take 🔥"
"Brothers and sisters in crypto... today hurt. 😩
{spot}(BTCUSDT)
$BTC just got slammed dipped under $63K, wiped out over $60B in market cap in a matter of hours, and sent $130M+ in long liquidations flying. Feels like the whole market got rug-pulled again. Tariffs hanging over everything, risk-off mode in full swing, and that Fear & Greed index screaming 'extreme fear' louder than ever.
But wait, let's zoom in before we panic-sell everything.
This isn't our first rodeo. Remember the brutal drops in past cycles? 2018, 2022... we saw -80%+ wipes, and bottoms formed after exactly this kind of flush. Right now, positioning data looks exhausted on the bear side short-term holders are bleeding, but big players are quietly accumulating again (wallets 10-100 $BTC showing real buying aggression near these levels). CFTC specs are net positive after the dip, which historically lines up with reversals, not deeper crashes.
Is this the final capitulation? Maybe not yet... but we're closer than we've been in months. The $60K zone has been magnetic support before, and if we hold here (or wick lower and bounce), this could be the shakeout that traps the last weak hands before the next leg up.
My play: Not chasing, not FOMOing out. Watching for a clean reclaim above $65K with volume. If we break lower, $58-60K becomes the real test but I'm not convinced the macro storm lasts forever. Institutions aren't dumping; they're waiting.
What do you think—is this blood in the streets opportunity, or more downside coming? Drop your charts and levels below. Let's discuss. 🚀