Bitcoin Price Crash: Why The Sell-Off?
The bitcoin price chart slammed down like a Stark on a Bolton, today, but readers are being encouraged to take heart from the healthy correction and well-deserved profit-taking. This is the natural behavior of markets, and after a much need pullback greater things lie ahead for the bitcoin price chart and for Bitcoin at large. Price has dropped to the lower end of the support zone (orange) discussed in yesterday’s analysis, and it looks like the sell-off has not yet hit bottom. If decline continues, then the next lower level of support is at $575 where price consolidated in early June.....
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After hitting a new all-time high back in October 2025, the Bitcoin price has been in what appears to be a consistent downtrend, pushing it to new yearly lows. The first wave was triggered by sell-offs from large accounts, coinciding with the 10/10 crash. Since then, each recovery attempt has been met with more sell-offs, […]
The recent Bitcoin price crash seems to have triggered a sell-off cascade that has continued to put bearish pressure on the cryptocurrency. This, in turn, has affected the broader market, causing altcoins to suffer major losses during this time. While there are still hopes for a quick recovery, analysts have warned investors that the Bitcoin […]
Strategy CEO Phong Le has revealed the instance in which his company may be forced to sell its Bitcoin holdings. This comes amid concerns about the MSTR stock crash, which puts the company at risk of seeing its mNAV drop below 1. Strategy CEO Reveals When They Will Sell Bitcoin During an interview on the […]
The Dogecoin price has fallen back toward a major demand zone after the market crash saw the meme coin’s price fall below the $0.18 support. This has triggered a wave of sell-offs that have worked to keep the price suppressed throughout the weekend. But amid the bearish trend, there is the hope of reversal as […]
Over the last few weeks, analysts have been predicting that the Bitcoin price could crash again after the initial October 10 crash. This is because of the weakening market trends that have shown that Bitcoin is still favoring a downtrend at this point. Crypto analyst Lixing_Gan on the TradingView website also shares this view, with the appearance of a descending trend pattern that suggests that the Bitcoin price is more likely to fall than rise. Bitcoin Price At Risk Of Major Crash Below $90,000 So far, the Bitcoin price has been able to maintain its hold above the psychological level of....