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

BTC

BTC/USDT

$62,882.00

-0.30%

$62,882.00

-0.30%

(24s)

24h Volume

$3,919,599,964.11

24h H/L

$63,390.00 / $62,716.00

Change: $674.00 (1.07%)

Long/Short

69.6%

Long: 69.6%Short: 30.4%

Funding Rate

+0.0029%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,904.00

▼ -0.29%

Volume (24h): -

Resistance Levels

Resistance 3$64,507.45

Resistance 2$63,769.35

Resistance 1$63,135.87

Price$62,904.00

Support 1$62,869.02

Support 2$61,814.38

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):42.0

Cointelegraph Staff

(12:38 AM UTC)

1 min read

Reviewed byMichael Roberts

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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…