Bitcoin is currently facing a split map, with realized prices flagged as a major bearish level around $56,000. Meanwhile, cycle timing and Binance’s liquidation clusters indicate where volatility is likely to occur next.
Realized price of $56,000 flagged as Bitcoin’s “bear case” level
Coin Bureau warned that Bitcoin’s “bear market” is around $56,000, arguing that this level is consistent with the network’s realized price and is historically in line with cycle bottoms after significant declines.
Bitcoin weekly realized price comparison: Source: TradingView, Coin Bureau
The account said in a post on According to the study, the drawdown in 2018 was about 60%, during the coronavirus-era crash it was about 72%, and in the 2022 bear market it was about 77%.
TradingView’s weekly BTCUSDT chart shared with the post showed Bitcoin trading around $88,122 on OKX on December 21, 2025, while the “BTCsupport” line marked $56,240. This chart also plots a potential move from the recent peak area towards its realized price range, suggesting a decline of approximately 55% if the price were to return to that level again.
Bitcoin cycles have been of similar length in the past three cycles, according to analysts
Meanwhile, cryptocurrency analyst Benjamin Cowen said: Bitcoin’s Each of the past three market cycles lasted approximately the same amount of time, based on the time it took for prices to transition from the cycle’s bottom to a later peak.
ROI bottom of BTC market cycle. sauce: To the crypto world
In his post to He said the timing similarities stand out as a simple metric.
The graph shared with the post titled “BTC Market Cycle Bottom ROI” plots investment return against “days since market cycle bottom” and overlays multiple cycles. The latest cycle line shows the indicator rising to the far right of the chart, and the display also says “ROI since last market cycle bottom: 7.921 (to peak).”
Bitcoin liquidity cluster highlights major pressure zones on Binance
CryptoGoos flagged two major liquidity clusters Bitcoin Regarding Binance, he pointed to a price range where large leveraged positions could face liquidation pressure.
Bitcoin BTC USDT Liquidation Heatmap. sauce: CoinGlass via CryptoGoos
In a post on X, the analyst shared a Binance BTC USDT liquidation heatmap covering approximately one month of trading. The chart shows a highly liquid band above the current price, centered around the low $100,000 to $110,000 area. This zone reflects intensive leverage that can attract price movements during times of volatility.
At the same time, the heatmap highlights a less liquid cluster around the low-to-mid $70,000 range, well below the spot. This area appears as a bright band, indicating accumulated leverage exposure that could act as a downside magnet if selling pressure accelerates.
Price movements on the chart show that Bitcoin is trading sideways below $90,000 while liquidity is increasing on both sides. This structure suggests that the market is still located between two major leverage zones, and that there may be sharper moves as prices approach either cluster.
