Pyth Network

Multiple charts and historical data suggest Bitcoin’s recovery from its weekend crash below $75,000 could take several months, rather than producing a quick rebound.

The rise and fall of the manufacturing index from mid-2020 through 2023 closely mirrored Bitcoin and the broader crypto market’s price movements over the same timeframe.

Bitcoin flashed a major discount signal after capital outflows increased following BTC’s abrupt drop below $75,000. Historical data now points to a potential 10% rebound rally in the short-term.

Data suggests Bitcoin is unlikely to fall further than its year-to-date low of $74,680. Cointelegraph explains why.

Bullish traders finally showed up to buy the dip in Bitcoin and altcoins as they fell to new 2026 lows, but selling at the intraday range highs may prove that the market correction is far from over.

Bitcoin printed its fourth red monthly candle in a row as BTC price fell below $80,000, with many traders questioning whether the bull market will return.

XRP is below the average buy price of the past year, putting many holders in the red and increasing downside risk in the near term.

Bitcoin price action headed toward the 2021 bull market highs as crypto traders warned over a future sub-$50,000 BTC price bottom.