Bitcoin faced one of its strongest sell-offs in history this week — ranking in the top 7% of extreme selling events — but BTC has already rebounded to $118,000, signaling bullish resilience.Key TakeawaysOnly 12 weeks in this bull market cycle saw selling pressure as strong as this week.This week’s selling ranks in the top 7.3% of historical extremes, per CryptoQuant.BTC rebounded to $118,000, a sign of market strength despite liquidation pressure.Bitcoin Faces Intense Selling — Yet Holds StrongBitcoin endured one of the most intense selling weeks in its history, with only 12 weeks in the current bull cycle showing equal or stronger short-selling pressure, according to CryptoQuant analyst Axel.This places this week’s sell-off in the top 7.3% of the most extreme selling events recorded.BTC Price Rebounds to $118,000Despite the heavy selling, Bitcoin showed notable resilience, rebounding to $118,000 after the pressure eased.Analysts suggest that this bounce could be a bullish signal — showing that buyers are stepping in to absorb supply even after one of the cycle’s harshest sell-offs.