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via BeInCrypto · By Luis Blanco

Two Potential Scenarios for Bitcoin Price: More Pain Ahead?

BTC

BTC/USDT

$63,127.45

+0.08%

$63,127.45

+0.08%

(24s)

24h Volume

$2,874,413,952.92

24h H/L

$63,390.00 / $62,968.45

Change: $421.55 (0.67%)

Long/Short

68.8%

Long: 68.8%Short: 31.2%

Funding Rate

+0.0037%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,100.90

▲ 0.02%

Volume (24h): -

Resistance Levels

Resistance 3$64,507.45

Resistance 2$63,879.31

Resistance 1$63,135.87

Price$63,100.90

Support 1$62,993.17

Support 2$61,814.38

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.3

Luis Blanco

(02:56 PM UTC)

1 min read

Verified bySarah Chen

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…

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Source

Luis Blanco · BeInCrypto

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