Bitcoin may need to plunge 15% or more to mark bottom, according to this long-time indicator

Bitcoin's recent price fluctuations suggest it may need to drop by 15% or more to reach a market bottom, according to insights from a long-standing technical indicator. Analysts point to historical patterns that indicate significant price corrections often precede recovery phases. As Bitcoin grapples with volatility amid broader economic uncertainties, traders are closely monitoring these signals to gauge potential buying opportunities. The cryptocurrency's resilience will be tested as investors weigh the implications of a potential downturn against the backdrop of ongoing market dynamics.