A disappointing 24 hours for BTC as it slides back toward testing the $60K resistance and many traders and analysts warn of some kind of capitulation in the works. However, several also point out that it may be a necessary correction to ignite a true bull run. Elsewhere, Josh O'Sullivan breaks down everything HBO's Bitcoin documentary got wrong, an 86-year old former attorney has to pay back $14M stolen in a crypto Ponzi scheme and Solana hits an all-time high for monthly active wallets, but how many are human?

Further reading:

• Is Bitcoin price going to crash again?
• Bitcoin 'capitulation incoming' as liquidity risks sub-$50K BTC price
• Everything HBO’s Bitcoin doc got wrong about Peter Todd and Satoshi
• 86-year-old to pay $14M after admitting to running crypto Ponzi scheme
• Solana has 100M active wallets, but most are empty

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