BREAKING
87d 23h ago

Bitcoin Repeats 2022 Bear Market as 80% Daily and 98% Monthly Correlations Suggest Recovery May Not Arrive Until Q1 Next Year

BTC

BTC/USDT

$69,176.78
+7.38%
24h Volume

$30,482,073,707.86

24h H/L

$69,550.00 / $63,820.50

Change: $5,729.50 (8.98%)

Long/Short
62.0%
Long: 62.0%Short: 38.0%
Funding Rate

+0.0004%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$68,945.05

7.63%

Volume (24h): -

Resistance Levels
Resistance 3$74,487.16
Resistance 2$72,214.74
Resistance 1$69,016.38
Price$68,945.05
Support 1$68,078.70
Support 2$65,642.06
Support 3$62,898.18
Pivot (PP):$67,469.44
Trend:Downtrend
RSI (14):44.7
80% and a monthly correlation near 98%, underscoring a persistent link to prior downturns in Bitcoin price trends.

Such cross‑timeframe alignment informs risk management, suggesting near‑term upside may be tempered while downside protection remains essential. If the pattern repeats, a durable recovery may unfold later in the cycle, potentially delaying a rally into the first quarter of next year. Market participants should rely on validated metrics within a disciplined crypto market analysis framework.

Note this reflects historical patterns rather than a guaranteed outcome; credible reporting advises cautious interpretation of data and macro signals as investors monitor Bitcoin recovery timeline indicators.

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