Bitcoin is currently trading close to the upper Bear Band, a technical level that has frequently appeared toward the later stages of past market cycles. Although price is still holding above key long-term trend support, momentum indicators are beginning to flatten, signaling reduced upward strength. In previous cycles, this combination has typically led to extended periods of distribution and consolidation rather than immediate further gains. If historical patterns repeat, potential mean-reversion levels could lie around $62K, $43K, and $27K. This setup does not indicate an imminent crash, but rather a phase of increased risk compression, where upside potential narrows and downside moves become more likely.#BTC #bitcoin #MarketAnalysis
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BTC
89,072.43
+1.51%
24
0
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