$Bitcoin has been volatile recently, dipping below ~$75,000 during a weekend sell-off and later stabilizing around the mid-$70K range.
The weekend sell-off saw BTC briefly fall below previous support levels before recovering.
Broader crypto sentiment has been cautious, with macroeconomic concerns (like changes in Federal Reserve leadership) impacting confidence.
Some strategists warn Bitcoin could fall toward $40,000 if the current crypto winter continues.
Investor Michael Burry outlined scenarios with significant downside risks if BTC keeps sliding.
BTC saw short-term rebounds after brief dips to 10-month lows, but overall remains below recent peaks.