As Bitcoin (BTC) retests a crucial level after breaking down of a bearish pattern, an analyst has suggested that the flagship crypto’s final correction before the next bull market could start in the coming days. Start Of ‘Final Washout’ Is Days Away In a Monday analysis, market observer Ali Martinez affirmed that Bitcoin’s final leg…
Tag: Bitcoin correction
Bitcoin Weekly Close On Sight As Price Drops Below $66,000 – 45% Crash Coming?
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…
Bitcoin Realized Losses Hit Luna Crash Levels — But Price Context Points To A Different Market Phase
Bitcoin is facing renewed selling pressure after losing the key $70,000 level, a breakdown that has pushed the market into a more defensive phase. The inability to hold this psychological support has weighed on sentiment. With traders increasingly cautious as volatility rises and liquidity conditions remain uncertain. Price action near the mid-$60,000 range now represents…
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 Nears ‘Historic’ Technical Test As Price Eyes $93,500 Barrier – What’s Next?
As Bitcoin (BTC) breaks out of key resistance levels, an analyst suggests that the cryptocurrency is positioning itself for a move to higher levels and a retest of a crucial technical area in the coming weeks. Bitcoin Approaching Make-Or-Break Test On Tuesday, Bitcoin surged 2.5% to retest the $93,500 resistance level for the first time…
Bitcoin Eyes To Reclaim $100,000 As 2022-2021 Market Setup Reappears – Details
Over the last week, volatility levels surged in the Bitcoin market as prices exhibited sharp movements at the two extremes. Data from CoinMarketCap showed the leading cryptocurrency lost its support around $90,000 but repeatedly found strong buying interest near $85,000, effectively creating a volatile price range between both levels. Despite an uptick in the last…
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…
Bitcoin’s November Crash To Continue If This Level Isn’t Reclaimed, Analyst Warns
As Bitcoin (BTC) attempts to reclaim the $88,000 area, some market observers believe that the recent lows marked the bottom, and a price recovery rally is underway. Nonetheless, other analysts have warned that the flagship crypto’s November pain could continue if the current levels don’t hold. Bitcoin Finds Local Support On Monday, Bitcoin continued its…
Bitcoin Correction Nears Peak Point — Is A Rebound Underway?
The Bitcoin market has suffered through a disappointing performance over the past few weeks, leading to a price retest of the $100,000 support zone. However, an exciting on-chain evaluation predicts a positive price action in the near future. Bitcoin Price Below Average Cost — Details On November 8, popular market analyst Burak Kesmeci shared on…
Bitcoin May Launch Recovery To $120,000 If This Condition Holds – Details
In the last week, Bitcoin’s correction took another drastic turn as prices retested the psychological $100,000 price zone, triggering heavy waves of liquidation. Although the premier cryptocurrency witnessed some rebound after, the current market price remains 19.02% away from the all-time high at $126,198. In the hope of a sustained recovery, a popular analyst with…