Bitcoin's recent rally was halted at the $68,000 trendline, as it retreated to around $67,000, failing to reclaim a crucial support level. Analysts highlight the 200-week exponential moving average (EMA) and the pre-2021 all-time high as significant resistance points. Historical patterns suggest that staying below the 200-week EMA could lead to further declines.
Market experts remain cautious about declaring the end of the bear market. Rekt Capital noted that the shortest Bitcoin bear market lasted 365 days, while the current one has only persisted for about 140 days. Additionally, trader Roman emphasized that past bear markets saw declines of nearly 80%, whereas the current market has only retraced 53% from its October 2025 peak. The lack of reversal signs on monthly and weekly charts suggests that the market trend remains uncertain, warranting caution among traders.
Bitcoin Faces Resistance at $68,000, Bear Market Concerns Persist
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