Bitcoin faced one of its strongest sell-offs in history this week — ranking in the top 7% of extreme selling events — but BTC has already rebounded to $118,000, signaling bullish resilience.
Key Takeaways
Only 12 weeks in this bull market cycle saw selling pressure as strong as this week.
This week’s selling ranks in the top 7.3% of historical extremes, per CryptoQuant.
BTC rebounded to $118,000, a sign of market strength despite liquidation pressure.
Bitcoin Faces Intense Selling — Yet Holds Strong
Bitcoin endured one of the most intense selling weeks in its history, with only 12 weeks in the current bull cycle showing equal or stronger short-selling pressure, according to CryptoQuant analyst Axel.
This places this week’s sell-off in the top 7.3% of the most extreme selling events recorded.
BTC Price Rebounds to $118,000
Despite the heavy selling, Bitcoin showed notable resilience, rebounding to $118,000 after the pressure eased.
Analysts suggest that this bounce could be a bullish signal — showing that buyers are stepping in to absorb supply even after one of the cycle’s harshest sell-offs.
