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 broadly tracked movements in Bitcoin and the wider crypto market over the same period.
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.
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.