BREAKING 🚨

Bitcoin just printed a new yearly low, crashing to around $59,300, its weakest level in nearly two years.
Nearly $500 million in crypto positions were liquidated in the cascade, and over 80% of it was longs, traders who were still betting on the bounce.
This is not a random dump. It is the seventh straight week of Bitcoin ETF outflows colliding with a hawkish Fed, a hot inflation print, and a broad selloff in AI and tech.
BTC is now down more than 50% from its October high near $126,000. The line that matters is $59,000. Lose it cleanly and the next pockets of forced selling sit near $58,000, then $55,000.
Extreme fear, thin bids, stacked leverage. This is where the market finds out who actually has conviction.