Bitcoin has spent several days under heavy selling pressure, dropping to the $85,000 zone before attempting a modest recovery. The drawdown has shaken market confidence, but the intensity of capitulation now emerging from Bitcoin holders suggests the market may be forming a bottom. The price is stabilizing around a key psychological level, but this stabilization comes at the cost of widespread holder surrender — a classic bottoming signal. Bitcoin Traders And Investors Let Go Macro momentum indicators show Bitcoin market’s risk expectations shifting aggressively
source: https://beincrypto.com/bitcoin-bottom-analysis-market-outlook/