The latest Bitcoin (BTC) price drop has raised concerns about the cryptocurrency’s upcoming performance, with some analysts warning that BTC’s next key closes could signal the start of another major correction. Bitcoin Risks Another Major Crash On Friday, Bitcoin plunged over 7% intraday to a three-week low of $65,700, raising concerns about the flagship crypto’s…
Tag: Bitcoin breakdown
Bitcoin ‘Sandwiched’ Between Two Key Zones As Price Tops $71,000 – Major Move Ahead?
Bitcoin (BTC) is retesting resistance levels as its price recovers the $71,000 mark. However, an analyst has warned that the bear market is expected to continue and that the latest bounce could be short-lived. Bitcoin Eyes Reclaim Of Former All-Time High Resistance On Tuesday, Bitcoin surged 7.5% from the Sunday lows toward the $71,000 area,…
Bitcoin Reclaims $73,000 Amid Iran War Volatility, But Analyst Issues Key Warning
As the crypto markets rebounded on Wednesday, Bitcoin (BTC) bounced back from the recent selloff triggered by the escalating Middle East conflict, targeting a surge toward high levels. While some market observers see this as a sign of strength and potential bottoming, others warn that the rally could be short-lived. Bitcoin Shows Strength Despite Growing…
Bitcoin Positioned For More Pain Following Weekly Close Below This Critical Level
After closing the week below a crucial support level, Bitcoin (BTC) has fallen below the $65,000 support for the first time since the early February crash, reaching a two-week low of $64,152. Amid this performance, some analysts have warned that the flagship crypto could be on the “cusp of bearish acceleration,” warning that another major…
Bitcoin Could See New Drop To $60,000 Despite Bounce – Here’s The Level To Defend
As the crypto market recovers from last week’s correction, Bitcoin (BTC) is attempting to reclaim a crucial price zone. Despite the bounce, some analysts have warned that the bottom may not be in yet, suggesting the flagship crypto could soon retest its recent lows. Bitcoin Bottom Below $60,000, Says Analyst On Monday, Bitcoin continued its…
Bitcoin To $30,000? Analysts Warn BTC Crash Could Be Deeper Than Expected
After bouncing 2.6% from recent lows, Bitcoin (BTC) has been attempting to turn the $82,000-$83,000 area into support. Some analysts have warned that the cryptocurrency must hold the crucial macro support levels or it will “confirm bearish acceleration.” Bitcoin To Drop 76% From its Peak On Thursday, Bitcoin crashed alongside the rest of the market,…
Bitcoin To $80,000? Analyst Warns Of Potential Free Fall As BTC Erases 2026 Gains
As the market erases its 2026 gains, Bitcoin (BTC) has fallen to its lowest level in weeks and is attempting to reclaim a crucial level. Some market observers have warned that a retest of the November lows is likely if volatility continues. Bitcoin Breaks Down From Key Support On Wednesday, Bitcoin continued to pullback and…
Bitcoin Poised For ‘Boring’ 2025 Close – Here’s When BTC’s Real Test Will Come
After failing to turn the $90,000 area, Bitcoin (BTC) continues to move within its local range with apparent no clear direction. Some market observers have suggested that the flagship crypto will remain rangebound until next year, when its potential moment of truth will come. Bitcoin Takes Holiday Break On Christmas Eve Day, Bitcoin continued with…
Bitcoin Mirrors Q1 2025 Playbook, Is It Headed To $70,000 Before Year’s End?
As the market volatility continues, Bitcoin (BTC) has failed to hold its short-lived momentum and reclaim a key resistance level for the second time this week. Some market watchers have affirmed that the flagship crypto may continue to have a disappointing end-of-year rally and potentially reach new lows before the pain is over. New Lows…
Will Bitcoin (BTC) End 2025 In Green? November Close May Hold The Key
While the crypto market bounces from last week’s correction, Bitcoin (BTC) is attempting to reclaim a crucial area as support to continue its recovery rally. As the flagship crypto faces some resistance, some market watchers have suggested that this week’s close may be key for its end-of-year performance. Bitcoin Faces Rejection Ahead Of November Close…