Oversold Bitcoin Bounces... But Bears Aren't Done—How Low Could It Really Go?

Bitcoin fell 13% last week after bears decisively broke $84,000 support, pushing prices to $75,600 before a minor recovery to $76,919 close. The loss of the 100-week SMA signals bear market confirm...

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Oversold Bitcoin Bounces... But Bears Aren't Done—How Low Could It Really Go?

Source: Bitcoin Magazine

Bitcoin fell 13% last week after bears decisively broke $84,000 support, pushing prices to $75,600 before a minor recovery to $76,919 close. The loss of the 100-week SMA signals bear market confirmation, with resistance now at former support levels.