The research firm said bitcoin traders remain unusually defensive, reducing the risk of the kind of leverage-driven collapse seen in prior downturns.

Bitcoin trades near $77K on May 18, 2026, just before 10 a.m., as mixed BTC indicators signaled consolidation below key resistance.

The research firm said bitcoin traders remain unusually defensive, reducing the risk of the kind of leverage-driven collapse seen in prior downturns.

K33 Research says bitcoin's February 2026 low near $60,000 is likely the bear market floor, with slow consolidation expected between $60K and $75K.

Bitcoin price momentum is fading after rejection at $82,000, with analysts warning BTC could revisit $65,000 if key support breaks.

Bitcoin (CRYPTO: BTC) is down 6% since revisiting its 200-day moving average near $82,000 earlier this month, but K33 Research argues February’s $60,000 bottom s

Multiple Bitcoin price indicators suggest that the price bottom is long past and a rally toward new highs may be in the cards.