📊 Bitcoin has never traded so far below its 200-day simple moving average.
🛡 It is expected that BTC price dynamics will experience a "mean reversion" as a result.
💰 The current bear market is described as "macro-driven" rather than a technical failure.
⚙️ The recent drop in Bitcoin prices is one of the fastest in its history.
📅 Analysis indicates the potential for BTC recovery, but buyers at the bottom need patience.
The unprecedented drop of Bitcoin below the 200-day moving average signals extreme market conditions, raising speculation about a potential recovery. Current metrics indicate that BTC is 2.88 standard deviations below this average, a scenario not observed even during significant past events such as the COVID-19 crisis and the FTX collapse.
Despite the alarming figures, analysts assert that the long-term investment thesis for Bitcoin remains unchanged. The current market dynamics suggest that while we are witnessing statistical extremes, it is still too early to predict the final price minimum, and investors should exercise caution and patience in their strategies.
