As the crypto market recovers from the latest pullback, Bitcoin (BTC) is attempting to bounce from its one-month low. Some analysts have warned that the correction has left the cryptocurrency in a “fragile position” that resembles the start of the previous bear market. Bitcoin Risks 2022-Like Correction On Sunday, Bitcoin saw a 3.6% intraday decline,…
Tag: BTC breakdown
Bitcoin Price Slides Below $90,000 – Is A Retest Of The November Lows Near?
Bitcoin (BTC) is retesting a crucial support area after its price slid 5% from the recent highs and fell below the $90,000 barrier. Some analysts have suggested that the cryptocurrency’s structure remains intact, but warned that it must bounce quickly or risk retesting the November lows. Bitcoin Retests $88,000 After Rejection On Friday, Bitcoin lost…
Bitcoin (BTC) Price Eyes $114,000 Retest Amid Bounce, But Analyst Suggests Caution
Bitcoin (BTC) started the week recovering 6% from Friday’s drop and attempting to reclaim a crucial area that could set the stage for a trend continuation. However, some analysts have advised caution as BTC’s next leg up could be delayed until December. Bitcoin To Move Sideways Until December? After the end-of-week market downturn, Bitcoin has…
Bitcoin (BTC) ‘Uptober’ Rally On Pause Until This Level Is Reclaimed
After a remarkable start to ‘Uptober,’ Bitcoin (BTC) has recently seen significant volatility, retesting multiple crucial levels. As the price bounces from the $110,000 mark, some analysts have suggested that BTC’s rally won’t restart until a key area is reclaimed. Bitcoin Needs Key Reclaim For New Highs Over the past week, Bitcoin’s price has fluctuated…
Is The Bitcoin Rally Over? Analyst Forecasts Drop To $94,000 If This Level Doesn’t Hold
After a short-lived recovery, Bitcoin (BTC) is attempting to bounce from a crucial level to reclaim the $110,000 support. However, some analysts suggest that a retest of the $90,000 level could be the next stop for the cryptocurrency. Bitcoin Drops To Weekly Lows Bitcoin lost the $110,000 support for the first time in nearly two…
Bitcoin Risks Drop Below $110,000 Despite Bounce – Is A 15% Pullback Coming?
Bitcoin (BTC) is attempting to reclaim a crucial level as support after bouncing from the recent drop below $115,000. Nonetheless, some analysts warned that the cryptocurrency is entering a corrective phase with a potential 15%-25% drop. Bitcoin Risks Drop Below $110,000 On Monday, Bitcoin fell below the $115,000 level for the first time in nearly…
Is Bitcoin’s Price Discovery Rally Over? This Week’s Performance May Hold The Answer
After falling below a crucial support level, Bitcoin (BTC) is attempting to recover some of its lost ground. An analyst suggested that this week’s performance will be decisive for the cryptocurrency’s next trend. Bitcoin Loses Bull Flag Formation Over the weekend, Bitcoin lost its post-breakout range for the first time in three weeks, falling to…
Bitcoin $106,800 Support Retest To Determine Next Move – Breakout Or Breakdown Ahead?
Amid the market’s momentary pause, Bitcoin (BTC) has seen a 2% price drop in the past 24 hours. The largest cryptocurrency by market capitalization has been hovering between key resistance and support levels, with some analysts suggesting that volatility could be in BTC’s short-term future. Bitcoin Price Consolidates Near ATH On Wednesday, Bitcoin, alongside the…