Bitcoin Just Hit One of the Highest Capitulation Readings in Years — And Historically, This Happens Right Before Major Reversals
The chart shows something extremely important: the capitulation metric, marked in red, has exploded to one of its highest points in the entire cycle. This metric tracks forced selling, panic exits, liquidations, and emotional selling pressure across the market.
When it spikes this violently, it means the majority of weak hands have already been flushed out.
Every time the red line has jumped to these levels in the past two years, Bitcoin was sitting near a local bottom. The price in black shows it clearly: deep capitulation always comes at the moments when the market feels the most fragile but is actually near a turning point.
It’s the classic pattern of crypto cycles — fear peaks before price recovers.
BTC
89,351.88
-0.58%