BTC failed to reclaim and hold above the 200-day MA near $82K — the same indicator that acted as a rejection zone during the 2022 bear market before another major leg down.

What currently worries analysts:

🔻 Bull Score Index dropped to 20 — signaling extreme bearish sentiment
🔻 Coinbase Premium remains negative — US spot demand stays weak
🔻 Spot BTC ETFs have seen roughly $2B in outflows over the last two weeks

If the correction accelerates, the next major support zone sits around $70K.

For bulls, the mission is simple:

✔️ reclaim $82K… or the market may start pricing in significantly lower targets again.


@Bitcoin_Insights