Bitcoin fell 17% this week to about $61,000, closing below the 200-week line that held every cycle. Only the 50-month average at $59,300 remains.

Bitcoin analysis compares BTC price action to the 2022 bear market, warning of a break of support at a 50-month trend line.

Bitcoin revisits its 2022 bear market trend line for the first time in years with BTC price RSI nearing six-year record "oversold" levels.

Bitcoin fell 17% this week to about $61,000, closing below the 200-week line that held every cycle. Only the 50-month average at $59,300 remains.

Bitcoin broke below its 200-week moving average Friday as a 172K jobs beat slashed Fed cut expectations. Deribit's CCO flags $1.2B puts at $60K.

Bitcoin hits a 2026 low of $59,100, $1.75B liquidated, record ETF outflows, and over half of all BTC now held at an unrealized loss.