Bitcoin's crash from its peak has hit a level that has historically rewarded anyone willing to hold for two years — a hopeful sign for long-term buyers, though not proof the bottom is in.

• Bitcoin peaked at $124,000 and fell to $57,000, a drop of more than half.
• Every past time Bitcoin fell that far from a high, anyone buying and holding two years came out ahead.
• The monthly RSI, a gauge of how oversold the market is, has also fallen to levels that rarely got much worse.
• Even so, this is not yet a confirmed bottom — just conditions that have marked one before.

Outlook: A long-term low looks possible from here, but confirmation is still missing, so more downside can't be ruled out.

## Bitcoin Levels

• **Bias:** Cautiously bullish for long-term holders, not yet a confirmed bottom
• **Support:** $57,000 (the recent low)
• **Resistance:** $124,000 (the prior all-time high)