A concentrated liquidity pocket below $59,000 raises the chance of a Bitcoin price sell-off to new 2026 lows, but data suggests bulls will absorb the dip. Bitcoin (BTC) is once again approaching its yearly low near $59,000 after a failed recovery attempt left bulls unable to reclaim key resistance levels. BTC traders are now anticipating new lows for 2026 as the price drifts back toward a major support zone.