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Bitcoin falls to $36K, traders say bulls need a ‘Hail Mary’ to avoid a bear market -Breaking

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(BTCBTC (BITCOIN) continues to drop and its knock-on effect, a sharper correction in Altcoins/DeFi tokens is causing it to continue falling. BTC has fallen to the level of its initial price at writing. Lowest level within 6 monthsMost analysts don’t believe that things will change immediately.

Source: Cointelegraph Markets Pro TradingViewIt shows that the wave of selling which began on Jan. 20, and continued to Friday midday, when BTC reached a low point of $36,600, was evident.

BTC/USDT 1-day chart. Source: TradingView
1-week chart. Source: Twitter
BTC/USDT 1-day chart. Source: TradingView
BTC/USD 1-day chart. Source: Twitter
BTC/USD 1-day chart. Source: Twitter
BTC/USD 1-day chart. Source: Twitter