Analysts Map Bitcoin Support Zones After a 15% Weekly Drop, RSI Hits 11

Bitcoin fell about 15% over the week and slid to nearly $61,000 several hours ago before rebounding to around $62,500. Analysts cited in the report highlighted potential support between $50,000 and $54,000, with another view pointing to $49,000 as a possible bottom zone, while RSI briefly dropped to 11 and later rose to roughly 16.