Bitcoin Plummets, Approaches CME Gap as Market Mood Turns Bearish

Despite hopes for a technical rebound, bitcoin continues to exhibit signs of exhaustion in the market. As the cryptocurrency drops below critical support levels and investor confidence wanes, the trajectory points toward a prolonged correction. Technical thresholds are breaking one after another, signaling a shift away from previous bullish trends. Data suggests that this trend is increasingly bearish, with indicators like the Fear & Greed Index plunging to its lowest point of 2025. Expert analyses point towards an imminent bottom before any potential recovery emerges, possibly near the crucial CME gap.