Community Articles

via Decrypt · By Decrypt Editorial

Is This Bitcoin Bear Market Different? Analysts Weigh In

BTC

BTC/USDT

$84,682.01

+1.25%

$84,682.01

+1.25%

(24s)

24h Volume

$20,167,096,296.05

24h H/L

$84,942.45 / $82,874.93

Change: $2,067.52 (2.49%)

Long/Short

57.4%

Long: 57.4%Short: 42.6%

Funding Rate

+0.0022%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,264.00

▼ -0.17%

Volume (24h): -

Resistance Levels

Resistance 3$94,549.91

Resistance 2$86,763.46

Resistance 1$84,366.01

Price$84,264.00

Support 1$83,209.30

Support 2$77,001.87

Support 3$75,259.66

Pivot (PP):$84,075.87

Trend:Uptrend

RSI (14):64.9

Decrypt Editorial

(11:25 AM UTC)

1 min read

Updated byMichael Roberts

0 comments

In brief

Bitcoin's current bear market drawdown of around 36% from its ATH is shallower than historical cycles, which saw 40–50% declines.
ETF inflows and corporate treasury accumulation have introduced structural demand that analysts say is reshaping how Bitcoin cycles play out.
One analyst noted that similar conditions—above True Market Mean and STH cost basis—preceded bear market resumptions…

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

Decrypt Editorial · Decrypt

Read original →

Live BTC price →More BTC news →

Comments