BTC price action mirrors past pattern that led to $60K drop: Analysis

Bitcoin's price action since early February is strikingly similar to a pattern observed between November 2025 and January 2026, which ultimately led to a sharp drop to around $60,000, according to a CoinDesk analysis. The outlet noted that the historical pattern showed slow, erratic gains that lacked explosive momentum, even during rebounds. CoinDesk added that a decline could accelerate if the price falls below the current lower channel trendline at approximately $65,800.