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via Cointelegraph · By Cointelegraph Staff

‘Visible Flaws’ In Bitcoiners’ Mid-Bear Market Comparison: Analyst

BTC

BTC/USDT

$59,995.99
-1.72%
24h Volume

$29,371,449,395.92

24h H/L

$61,962.40 / $58,115.01

Change: $3,847.39 (6.62%)

Long/Short
71.4%
Long: 71.4%Short: 28.6%
Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$59,468.42

-2.64%

Volume (24h): -

Resistance Levels
Resistance 3$62,909.86
Resistance 2$61,582.21
Resistance 1$59,848.61
Price$59,468.42
Support 1$59,453.63
Support 2$58,115.01
Support 3$51,387.09
Pivot (PP):$59,848.61
Trend:Downtrend
RSI (14):29.9
CS
Cointelegraph Staff
(12:38 AM UTC)
1 min read
MR
Reviewed byMichael Roberts
852 views
0 comments

Bitcoin may have already bottomed in early February at around $60,000 and is unlikely to go lower this year, according to a crypto analyst, despite expectations of another downturn.

“The dozens of bottom signals only flashed in synchrony at the bottoms. They were not flashing in the middle. Yet they all flashed in Q1 2026 at 60k,” Matthew Hyland said in an X post on Friday.

“To compare the current…

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

Cointelegraph Staff · Cointelegraph

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