BREAKING
65d 20h 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

$75,975.55
-2.57%
24h Volume

$38,392,208,293.68

24h H/L

$79,084.29 / $72,945.50

Change: $6,138.79 (8.42%)

Long/Short
77.1%
Long: 77.1%Short: 22.9%
Funding Rate

+0.0001%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$76,143.12

0.49%

Volume (24h): -

Resistance Levels
Resistance 3$89,425.17
Resistance 2$82,177.57
Resistance 1$77,863.52
Price$76,143.12
Support 1$75,474.19
Support 2$72,912.22
Support 3$61,211.28
Pivot (PP):$76,136.15
Trend:Downtrend
RSI (14):26.8
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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