Bitcoin just experienced its largest sell-off of 2025, breaking below the critical $90K support level and plunging to a low of $82K before rebounding slightly to $86K.
Despite this partial recovery, the broader market sentiment remains decisively bearish, with traders wary of further downside risks.
In total, investors offloaded approximately 79.3K BTC during this sharp downturn, intensifying the selling pressure. Even more concerning, many of these positions were exited at a loss, signaling a wave of panic selling rather than calculated profit-taking.
This suggests that fear and uncertainty are driving the market, raising questions about whether Bitcoin has found a short-term bottom or if further declines are ahead.
What’s Next for Bitcoin – Through the Lens of Technical Analysis
The biggest piece of positive news for Bitcoin supporters is that it’s currently finding support on the 200 Exponential Moving Average (EMA). This is a key technical level that often acts as a strong support zone during market corrections.
If Bitcoin holds above it, it cou ..
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