What is Capitulation in crypto?

I’m sure that if you traded crypto at least one in your life you encountered the term “Capitulation”. But can you explain what is it? 🤨

Capitulation is a periodic sell-off in which investors take back their positions and quickly sell their shares. In this case, an explosive sale occurs, and the amount of sales soars above the average level.

In simple words “Capitulation” in crypto means, the money that will be required to buy all coins if they will sell right now. So if BTC will go up to 50,000💵, bitcoin capitulation will go up.

So a crypto that costs a lot doesn’t mean that it will automatically have a good capitulation.

It depends on the quantity(the number of disponible coins) For exemple doge coins doesn’t cost as much but has a capitulation in the🔝 10.