Has Bitcoin Bottomed At $60,000 To Return To $100,000, Or Is This Just The Start Of Another Crash?
Bitcoin remains above $60,000, but the key question is whether that range already marked the correction low or whether another drop could revisit it. The bullish case relies on the weekly RSI, which has fallen below 30 only four times in Bitcoin’s history, and each prior instance aligned with major macro bottoms in 2015, 2018, and 2022. The latest sub-30 reading in early February 2026 near $63,000 suggests a possible capitulation low. Support is also seen in the $58,000–$66,000 zone. Bears argue confirmation needs a stronger reclaim of the weekly EMA structure. A brief wick to $55,000–$50,000 remains possible in a liquidation event, but a sustained move below $60,000 would likely need a major negative catalyst. A reclaim above $80,000 by June 2026 would shift focus back toward $100,000.
