#CryptoSelloffTriggersMultipleWhaleLiquidations
đ BITCOIN: ARE WE APPROACHING THE CYCLE BOTTOM?
BTC has dropped nearly 50% from its October 2025 ATH of $126K and is currently trading around $64K.
Are we witnessing the final stages of this cycle's correction, or is another leg down coming?
đť RSI (6) on the 4H chart: 20.9 â deeply oversold.
đť Price remains below EMA 7, 25, and 99.
đť Heavy selling pressure.
đť Recent low: $61,956.
How much downside is still possible?
Here are the levels I'm watching:
⢠$62K â Immediate support
⢠$56.7K â 55% correction
⢠$50.4K â 60% correction
⢠$44.1K â 65% correction
⢠$37.8K â 70% correction (extreme bearish scenario)
A 50% correction from ATH is already significant, but historically, Bitcoin has experienced much deeper bear-market drawdowns.
Oversold conditions could trigger a relief rally, but they don't confirm a bottom.
The big question: Have we reached Bitcoin's accumulation zone, or should we prepare for another major leg down?
What's your bottom target?
#CryptoSelloffTriggersMultipleWhaleLiquidations
#BitcoinActiveSupplyInProfitDropsBelow45%
#BTCâ #btc50k
đ BITCOIN: ARE WE APPROACHING THE CYCLE BOTTOM?
BTC has dropped nearly 50% from its October 2025 ATH of $126K and is currently trading around $64K.
Are we witnessing the final stages of this cycle's correction, or is another leg down coming?
đť RSI (6) on the 4H chart: 20.9 â deeply oversold.
đť Price remains below EMA 7, 25, and 99.
đť Heavy selling pressure.
đť Recent low: $61,956.
How much downside is still possible?
Here are the levels I'm watching:
⢠$62K â Immediate support
⢠$56.7K â 55% correction
⢠$50.4K â 60% correction
⢠$44.1K â 65% correction
⢠$37.8K â 70% correction (extreme bearish scenario)
A 50% correction from ATH is already significant, but historically, Bitcoin has experienced much deeper bear-market drawdowns.
Oversold conditions could trigger a relief rally, but they don't confirm a bottom.
The big question: Have we reached Bitcoin's accumulation zone, or should we prepare for another major leg down?
What's your bottom target?
#CryptoSelloffTriggersMultipleWhaleLiquidations
#BitcoinActiveSupplyInProfitDropsBelow45%
#BTCâ #btc50k