Bitcoin - Is the Bitcoin decline over?!Bitcoin / US DollarCOINBASE:BTCUSDAli_PSNDBitcoin is below the EMA50 and EMA200 on the four-hour timeframe and is in its medium-term descending channel. Bitcoin’s upward correction towards the specified supply zone will provide us with its next selling opportunities. It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and compliance with capital management in the cryptocurrency market will be more important. If the downward trend continues, we can buy within the demand range. The cryptocurrency market has experienced significant volatility over the past 24 hours, with one of the most notable developments being Bitcoin’s temporary decline below the $60,000 level. Alongside gold and major U.S. stock indices, Bitcoin moved lower and, after breaking beneath the $60,000 threshold, triggered a wave of concern among market participants. These price movements come at a time when the total cryptocurrency market capitalization has fallen by approximately $2.3 trillion over the past eight months, dropping from its October 2025 peak of $4.3 trillion to around $2.0 trillion. Despite this substantial decline and the near 50% contraction in market value, the Head of Research at Grayscale argues that current Bitcoin prices appear attractive and relatively inexpensive from a valuation perspective. Nevertheless, investors continue to monitor market developments and associated risks with caution. This decline also means that virtually all of Bitcoin’s gains achieved since the beginning of the so-called “Trump 2.0” era have been erased. According to many analysts, this development represents a negative signal for the market’s short-term outlook. This has occurred despite a series of supportive policies and a favorable stance by the U.S. government toward the digital asset industry over recent months, which have ultimately failed to prevent ongoing selling pressure across the cryptocurrency market.