BTC has completed its first ma

BTC has completed its first macro 18.6 year cycle. It will correct 90+ %, the main retrace has been completed and only small retrace sub waves will be present inside weekly candles to the low. Dip buyers and those trying to long BTC will be just used as exit liquidity. The drop for BTC will continue to be brutal and swift so bag holders think they will get a chance to sell on the retrace back up that never comes.13k looks on the cards as macro bottom. Don't be exit liquidity ensure risk management DYOR NFA

Bitcoin Bloodbath to $60K: Bottom In or More Pain?

Bitcoin plunged 12% on Thursday to a 16-month low near $60,000, before rebounding toward $65,000 as global risk assets sold off. Liquidation data underscore the stress: $1.7B in crypto long positions were wiped out in 24 hours, with roughly 400,000 traders forced out, according to Coinglass. The move suggests a classic deleveraging wave rather than a single-asset shock, tightening liquidity across the complex. Is this capitulation signaling a tradable bottom? Does macro-driven risk aversion mean Bitcoin’s downtrend still has room to run?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":529576179966136,"tweetId":"529576179966136","gmtCreate":1770312606167,"gmtModify":1770367466921,"author":{"id":4189719922014022,"idStr":"4189719922014022","authorId":4189719922014022,"authorIdStr":"4189719922014022","name":"Surfing The Markets","avatar":"https://community-static.tradeup.com/news/5a802bf0fe6b0e1a9897a60594c8a0be","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":12,"crmLevelSwitch":0,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.11.06","exceedPercentage":"80.97%","individualDisplayEnabled":0},"individualDisplayBadges":[],"fanSize":76,"starInvestorFlag":false},"themes":[{"themeId":"83fe31a48ff94eb59ad6ed6bb730a9ee","categoryId":"7cf744760f454845a1870a05ea4e151d","name":"Bitcoin Bloodbath to $60K: Bottom In or More Pain?","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":83fe31a48ff94eb59ad6ed6bb730a9ee}&rnconfig={\"headerBarHidden\": true}","description":"Bitcoin plunged 12% on Thursday to a 16-month low near $60,000, before rebounding toward $65,000 as global risk assets sold off. Liquidation data underscore the stress: $1.7B in crypto long positions were wiped out in 24 hours, with roughly 400,000 traders forced out, according to Coinglass. The move suggests a classic deleveraging wave rather than a single-asset shock, tightening liquidity across the complex.\n\nIs this capitulation signaling a tradable bottom?\nDoes macro-driven risk aversion mean Bitcoin’s downtrend still has room to run?","image":"https://community-static.tradeup.com/news/26620051c797331a7777d1e9ec677ff1"}],"images":[],"coverImages":[],"title":"","html":"<html><head></head><body><p>BTC has completed its first macro 18.6 year cycle. It will correct 90+ %, the main retrace has been completed and only small retrace sub waves will be present inside weekly candles to the low. Dip buyers and those trying to long BTC will be just used as exit liquidity. The drop for BTC will continue to be brutal and swift so bag holders think they will get a chance to sell on the retrace back up that never comes.13k looks on the cards as macro bottom. Don't be exit liquidity ensure risk management DYOR NFA&nbsp;</p></body></html>","htmlText":"<html><head></head><body><p>BTC has completed its first macro 18.6 year cycle. It will correct 90+ %, the main retrace has been completed and only small retrace sub waves will be present inside weekly candles to the low. Dip buyers and those trying to long BTC will be just used as exit liquidity. The drop for BTC will continue to be brutal and swift so bag holders think they will get a chance to sell on the retrace back up that never comes.13k looks on the cards as macro bottom. Don't be exit liquidity ensure risk management DYOR NFA&nbsp;</p></body></html>","text":"BTC has completed its first macro 18.6 year cycle. It will correct 90+ %, the main retrace has been completed and only small retrace sub waves will be present inside weekly candles to the low. Dip buyers and those trying to long BTC will be just used as exit liquidity. The drop for BTC will continue to be brutal and swift so bag holders think they will get a chance to sell on the retrace back up that never comes.13k looks on the cards as macro bottom. Don't be exit liquidity ensure risk management DYOR NFA","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/529576179966136","repostId":0,"isVote":1,"tweetType":1,"viewCount":339,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["XBTmain","BTC.USD.HKCC","BTCmain"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":416,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/529576179966136"}