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🩸These people once again sold the exact bottom in a panic.
Bitcoin is hovering around $63,000, and the Fear & Greed Index just dropped to 5.
Historically, we’ve only seen such extreme fear three times:
• December 2018 (BTC bottom at $32,000)
• June 2022 (BTC bottom at $19,000)
• November 2022 (FTX collapse, BTC bottom at $16,000)
Every time, the crowd thought it would go to zero. Every time, it marked the final buying window.
The following data confirms this is full capitulation, not the start of a bear market:
1️⃣ Leverage wiped out: Over 137,000 traders liquidated, $412 million gone in 24 hours. 93% of longs vanished. Flush complete.
2️⃣ Wall Street tourists puked: Spot ETFs have seen outflows as high as $4.5 billion so far this year, heavy redemptions for weeks. “Smart investors” panicked.
3️⃣ Miners capitulated: Bitdeer just dumped all its BTC holdings. When miners with diamond hands exit, the bottom is in.
Wealth is created in extreme fear, not extreme greed.
Will you take the chips others are selling, or are you still waiting for $50,000?👇