How Severe Is This Bitcoin Bear Market and Where Is Price Headed Next?

Bitcoin recently experienced a sharp sell-off that nearly dragged the price down to the $60,000 level before a swift bounce followed. Dip buying helped BTC stabilize near current levels, but this rebound alone does not confirm a trend reversal.   Instead, the move appears more like a temporary pause within a broader corrective phase, leaving investors questioning whether further downside lies ahead. This Is What Bitcoin Signals Suggest One defining characteristic of bear markets is elevated Relative Unrealized Loss, which measures the dollar value of underwater coins relative to total market capitalization source: https://beincrypto.com/bitcoin-bear-market-price-outlook/