{"id":64250,"date":"2026-02-24T15:00:58","date_gmt":"2026-02-24T12:00:58","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=64250"},"modified":"2026-02-24T11:37:00","modified_gmt":"2026-02-24T08:37:00","slug":"where-could-bitcoin-find-its-bottom","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/where-could-bitcoin-find-its-bottom\/","title":{"rendered":"Where Could Bitcoin Find Its Bottom?"},"content":{"rendered":"<p data-start=\"41\" data-end=\"323\"><strong>Bitcoin<\/strong> (BTC) slipped below the $63,000 mark during Asian trading hours, extending the weakness that began overnight. The leading cryptocurrency is now down roughly 7% on a weekly basis, returning to price levels last seen on February 6, when it briefly approached the $60,000 zone.<\/p>\n<p data-start=\"325\" data-end=\"662\">The recent pullback appears to be driven by two primary factors: renewed tariff announcements from United States President Donald <a href=\"https:\/\/coinengineer.net\/blog\/insider-trading-allegations-surface-in-terra-collapse-lawsuit\/\"><strong>Trump<\/strong> <\/a>and a broader sell-off in artificial intelligence-related equities. The deterioration in risk appetite has not been confined to digital assets; traditional equity markets have also come under pressure.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/where-could-bitcoin-find-its-bottom\/#Tariffs_and_Geopolitical_Tension_Weigh_on_Risk_Assets\" title=\"Tariffs and Geopolitical Tension Weigh on Risk Assets\">Tariffs and Geopolitical Tension Weigh on Risk Assets<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/where-could-bitcoin-find-its-bottom\/#What_Historical_Patterns_Suggest\" title=\"What Historical Patterns Suggest\">What Historical Patterns Suggest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/where-could-bitcoin-find-its-bottom\/#Short-Term_Risks_Remain\" title=\"Short-Term Risks Remain\">Short-Term Risks Remain<\/a><\/li><\/ul><\/nav><\/div>\n<h2 data-start=\"664\" data-end=\"720\"><span class=\"ez-toc-section\" id=\"Tariffs_and_Geopolitical_Tension_Weigh_on_Risk_Assets\"><\/span>Tariffs and Geopolitical Tension Weigh on Risk Assets<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"722\" data-end=\"1023\">Following the Supreme Court\u2019s rejection of his earlier tariff strategy, President Trump announced a temporary 15% tariff on imports, revising the previously stated 10% rate. The policy shift has intensified uncertainty around global trade conditions, injecting fresh volatility into financial markets.<\/p>\n<p data-start=\"1025\" data-end=\"1398\">At the same time, escalating geopolitical tensions are adding another layer of caution for investors. In this environment, Bitcoin is behaving similarly to other high-beta assets. Market observers highlight the $60,000 level as a critical technical support. A decisive break below that threshold could open the door to a deeper retracement toward the $50,000\u2013$55,000 range.<\/p>\n<p data-start=\"1025\" data-end=\"1398\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-197458 aligncenter\" src=\"https:\/\/coinmuhendisi.com\/blog\/wp-content\/uploads\/2026\/02\/BTCUSD_2026-02-24_09-30-46-1.png\" alt=\"\" width=\"1281\" height=\"612\" \/><\/p>\n<h2 data-start=\"1400\" data-end=\"1435\"><span class=\"ez-toc-section\" id=\"What_Historical_Patterns_Suggest\"><\/span>What Historical Patterns Suggest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"1437\" data-end=\"1722\">Looking at previous market cycles, one technical signal stands out: the so-called \u201cbear cross,\u201d which occurs when the 50-week moving average falls below the 100-week moving average. In both the 2018 and 2022 bear markets, this crossover coincided with the final stages of the downturn.<\/p>\n<p data-start=\"1724\" data-end=\"2053\">Currently, however, the 50-week average remains above the 100-week average. From a historical perspective, that suggests the corrective phase may not yet be complete. It is important to remember that moving averages are lagging indicators; they confirm trends that have already unfolded rather than predict future turning points.<\/p>\n<h2 data-start=\"2055\" data-end=\"2081\"><span class=\"ez-toc-section\" id=\"Short-Term_Risks_Remain\"><\/span>Short-Term Risks Remain<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"2083\" data-end=\"2378\">While no historical pattern guarantees future outcomes, the combination of macroeconomic uncertainty and the current technical structure indicates that additional downside cannot be ruled out. Whether Bitcoin can defend the $60,000 level will likely determine the market\u2019s next directional move.<\/p>\n<p data-start=\"2380\" data-end=\"2547\" data-is-last-node=\"\" data-is-only-node=\"\">This content is not investment advice. Cryptocurrency markets are highly volatile, and individuals should conduct their own research before making financial decisions.<\/p>\n<p data-start=\"2380\" data-end=\"2547\" data-is-last-node=\"\" data-is-only-node=\"\"><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"nofollow noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Telegram,\u00a0<\/a><a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"nofollow noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">YouTube<\/a>,\u00a0and\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Twitter<\/a>\u00a0channels for the latest\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (BTC) slipped below the $63,000 mark during Asian trading hours, extending the weakness that began overnight. The leading cryptocurrency is now down roughly 7% on a weekly basis, returning to price levels last seen on February 6, when it briefly approached the $60,000 zone. The recent pullback appears to be driven by two primary<\/p>\n","protected":false},"author":29,"featured_media":63486,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[61,944,60,640,9738,1615,3310],"class_list":["post-64250","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-news","tag-bitcoin","tag-bitcoin-news","tag-btc","tag-fed","tag-support-resistance","tag-technical-analysis","tag-trump"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Where Could Bitcoin Find Its Bottom? - Coin Engineer<\/title>\n<meta name=\"description\" content=\"Bitcoin continued its weakness that began overnight, falling below the $63,000 level during Asian trading hours.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/where-could-bitcoin-find-its-bottom\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Where Could Bitcoin Find Its Bottom? 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