Is It Time To Sell? Bitcoin Price Enters Redistribution Phase That Previously Led To A 78% Crash
A warning from Bitcoin’s weekly chart is showing a familiar bear market structure beginning to take shape. According to technical analysis of the weekly chart, Bitcoin has already moved through a topside distribution phase and a range phase beneath it, and the current price action is now forming a redistribution zone. The concern is that a similar setup appeared after the 2021 peak before Bitcoin went through a much deeper decline. The last time this setup appeared, it erased nearly 80% of Bitc
Source — newsbtc
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Published: Thu, 14 May 2026 14:30:18 +0000
Category — CRYPTO
Region: newsbtc | Section: CRYPTO
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