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BTC Market Pulse: Week 43
Bitcoin endured a sharp drawdown last week, sliding from $115K to a low of $104K in just four days. This was a fast and decisive flush that shook out weaker hands and triggered a defensive rotation across the market. Price has since bounced, climbing back toward $111K, but the scars from the drop are still fresh. Sentiment remains cautious, and positioning reflects that. Momentum indicators have rolled over. The Relative Strength Index broke down before curling off oversold territory, while cumulative volume delta remains negative, showing ongoing sell-side pressure. Spot volumes contracted into the selloff, pointing ... (full story)