Bitcoin At Risk? Analyst Says Breaking This Price Level Could Spark Significa...
Bitcoin (BTC) has faced heightened volatility in recent weeks, initially driven by Donald Trump’s proposed trade tariffs and later exacerbated by the latest Consumer Price Index (CPI) data. The inflation report sent BTC plummeting to as low as $94,000 before it managed to recover some losses. However, according to crypto analyst Ali Martinez, Bitcoin must defend a critical price level to avoid a significant correction. Analyst Identifies Critical Bitcoin Price Level In an X post shared earlier today, Martinez brought attention to the Pi Cycle Top Indicator. For the uninitiated, the Pi....
Related News
Bitcoin has seen some immensely bearish price action throughout the past few days, with sellers gaining full control of its price action This has caused buyers to lose their grip over the market, being unable to spark any continued reversals It does appear that the selling pressure seen throughout the past few days may continue hampering its growth, as BTC is now at risk of breaking below a few key levels One analyst spoke about […]
It was another volatile trading week in the Bitcoin (BTC) market marked by almost equal amounts of losses and gains. According to data from CoinMarketCap, Bitcoin moved between $95,000 – $98,000, forming a strong consolidation zone. However, popular crypto analyst Burak Kesmeci states the critical levels for the premier cryptocurrency lie outside this price range. Related Reading: Bitcoin At Risk? Analyst Says Breaking This Price Level Could Spark Significant Volatility Bitcoin Key Levels To Watch – $94,000 Support Vs. $117,000 Resistance In an X post on February 14, Burak Kesmeci....
Chainlink has firmly broken above the $13.00 level that has been suppressing its price action for the past few weeks. This is a notable breakout and suggests that the crypto may be on the cusp of seeing significantly further upside. Its price has been stuck below this level for the past several weeks, and breaking […]
The Uniswap price appears to be recovering nicely after a disappointing performance at the beginning of the year. The DeFi token rallied past the $10 mark in the final hours of Friday, February 14, reflecting the improving climate of the general crypto market. Uniswap Price Jumps 10% In The Past Week The UNI token was one of the beneficiaries of the bullish momentum that shook the market on Friday evening. As of this writing, the price of Uniswap stands at around $10.18, reflecting an over 3% increase in the past 24 hours. Related Reading: Bitcoin At Risk? Analyst Says Breaking This Price....
Crypto analyst MadWhale has suggested that the Solana price could witness more downward pressure in the coming days. Specifically, the analyst predicted that SOL was at risk of a decline to $125 as it retests a key support level. Solana At Risk Of A Drop To $125 With Support Retest In a TradingView post, MadWhale predicted that the Solana price was at risk of dropping to as low as $125 with the retest of the $164 price level, which is a key support level on the horizon. The analyst noted that this is a pivotal support level that has previously proven strong. However, he warned that it....