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via BeInCrypto · By Luis Blanco

Two Potential Scenarios for Bitcoin Price: More Pain Ahead?

BTC

BTC/USDT

$62,569.97

-2.11%

$62,569.97

-2.11%

(24s)

24h Volume

$18,153,302,649.74

24h H/L

$64,275.38 / $61,938.00

Change: $2,337.38 (3.77%)

Long/Short

68.4%

Long: 68.4%Short: 31.6%

Funding Rate

+0.0012%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,528.07

▼ -2.33%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$64,665.73

Resistance 1$62,911.84

Price$62,528.07

Support 1$61,834.89

Support 2$60,587.90

Support 3$59,158.90

Pivot (PP):$62,913.82

Trend:Downtrend

RSI (14):36.8

Luis Blanco

(02:56 PM UTC)

1 min read

Verified bySarah Chen

1148 views

0 comments

Bitcoin fell below $77,000 after a sharp rejection at the 200-day moving average, with CryptoQuant warning that the current setup directly mirrors the 2022 bear market structure.

We break down the analyst data, the on-chain signals, and the two possible scenarios that could define the next major move.

Why Bitcoin Closely Mirrors the 2022 Bear Market

CryptoQuant says Bitcoin’s May 2026…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Luis Blanco · BeInCrypto

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