The decline in BTC may be relatively limited despite continued pressure

BearMarketMonk · 2026-02-14T14:09:27+00:00

Bitcoin is currently facing significant selling pressure, with prices dropping sharply from their all-time high. Analysis indicates potential further corrections, although the downturn is expected to be moderate compared to extreme market crashes.

BearMarketMonk

2026-02-14 14:09:27

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Bitcoin is currently experiencing significant selling pressure, with the price dropping sharply from its all-time high. Citing NS3 analysis, the RSI indicator has fallen below the 50 level, while the 200-week EMA reaches the $58,000 zone and the support level is at $55,000, indicating there is still potential for further correction.

However, considering that the previous upward momentum was relatively weak, the current decline is expected to be relatively limited and more measured compared to an extreme market crash. Recent data shows BTC trading at $69.44K with an ATH of $126.08K, providing context that this bear market is likely to be more moderate in price adjustment.

BTC-1,42%

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