Bitcoin in ‘later stages’ of bear market: Watch these BTC price levels
Bitcoin was down 44% from its $126,000 all-time highs as key onchain and technical indicators suggested BTC is entering the late phase of the bear market.
Bitcoin (BTC) sellers resumed their activity on Thursday as the BTC price slipped below the $70,000 mark.
Analysts said that Bitcoin showed signs of a bear market in its last stages, due to extreme fear and elevated realized and unrealized losses.
Key takeaways:
