10h ago
Bitcoin Enters a Deep Bear-Market Conviction Zone as $71,000 Caps Upside
Over the past few weeks, volatility has intensified and Bitcoin’s price fell sharply, placing it in a deep bear-market conviction zone, according to Marcus Corvinus. Crypto Candy noted a move from $61,000–$58,000 into $70,000–$67,000 and a touch of $71,000 without a daily close above, keeping near-term retracements as the base case.