Bitcoin bottom may need 15% plunge, on‑chain data warns

Bitcoin bottom: on‑chain indicator signals a 15% slide

On‑chain metrics show the leading cryptocurrency is testing its 200‑week moving average, a level that historically precedes a decisive trough. Analysts argue that a ↓ 15% correction could be required to establish a true Bitcoin bottom, pushing prices into the $50,000‑$54,000 corridor. Liquidity inflows have tapered, while miner revenue remains subdued, a combination that often precedes a market nadir.

“If the price breaches the 200‑week average, expect heightened volatility,” said a senior on‑chain researcher.

Recent data from Reuters and Bloomberg corroborate the bearish tilt, noting a contraction in transaction volume.

What a 15% drop means for traders

The next few weeks will likely determine whether the $50k‑$54k band becomes a support zone or a fleeting pause before further decline.

Dispatch from: Chloe Winters

Venture Capital & Innovation Reporter