$BTC has now retraced all gains made since the November 2021 all-time high near $69,000, with over $1.5 billion in crypto liquidations shaking out the market in just 24 hours. While the move looks brutal on the surface, it reflects a deep reset driven by leverage wipeouts rather than long-term weakness.
Historically, moments like this mark late- stage capitulation, where excess speculation is flushed and stronger hands step in. For patient investors, this kind of reset often lays the groundwork for the next major upside cycle as fundamentals quietly strengthen beneath the noise.
