#ShareYourThoughtOnBTC
During the bull run in 2024, Bitcoin recovered and reached an all-time high of over $73,000 in early 2024, demonstrating how the market rebounded after a collective capitulation.
Capitulation in cryptocurrency markets means investors surrendering to fear. After a long stagnation or sudden collapse, asset holders, especially those with short-term or highly leveraged positions, rush to sell their assets to avoid further losses.
Historically, significant bull waves in cryptocurrencies have followed periods of sharp capitulation.
