Bitcoin revisits 2021-era resistance as traders warn of sub-$50K risk
Bitcoin price action headed toward the 2021 bull market highs as crypto traders warned over a future sub-$50,000 BTC price bottom.
Bitcoin (BTC) started the first week of February near 16-month lows, with traders expecting further downside.
BTC price weakness compounds after a grim weekend, with BTC/USD reaching levels not seen since November 2024.
RSI values form the main basis for expecting a market rebound.