Bitcoin Risks Deep Pullback To $96,000, But Not All Analysts Are Bearish
Bitcoin (BTC) is beginning to flash warning signs that could disrupt its recent bullish momentum. According to some analysts, BTC risks breaking below the key $100,000 price level, potentially tumbling as low as $96,000. Bitcoin Showing Warning Signs In an X post published today, noted crypto analyst Titan of Crypto shared the following BTC daily […]
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The general crypto market has experienced a strong downward movement. Ethereum is no exception to this bearish development since the digital asset has experienced a pullback below key support levels. With waning market performances hindering investors’ sentiment toward ETH, the altcoin is likely to undergo an extended pullback in the upcoming days. Bearish Forces Weigh […]
Bitcoin price fell 3% as the U.S. stock market plummeted, but traders expect these two key levels to prevent a deep BTC pullback. The price of Bitcoin (BTC) dropped 3% in less than three hours as the U.S. stock market plummeted. Following the pullback, most traders are neutral or slightly bearish on the short-term trend of BTC.Traders and on-chain analysts are now pinpointing $12,500 and $11,973 as the two levels to watch for the continuation of the Bitcoin rally.BTC/USD. Source: TradingView.comWhy $12.5K and $11.9K are crucial for the current Bitcoin rallyThe Bitcoin price dropped sharply....
Bitcoin has slipped below the $100K mark for the first time in 10 days, sparking a wave of bearish sentiment across the market. The drop has fueled uncertainty among investors, who are closely watching the next move. However, many analysts view this pullback as a healthy retrace, potentially setting the stage for Bitcoin’s next leg […]
Bitcoin risks a larger pullback in the fourth quarter due to the confluence of bearish technical structures and macro uncertainty. Bitcoin price is showing weakness after another sharp rejection from the $11,000 resistance level. As Bitcoin (BTC) enters the fourth quarter, the sentiment around the market remains generally cautious and neutral.Bitcoin might face a larger pullback in the fourth quarter due to several key factors. Throughout the past three years, every September monthly candle has closed red. The September monthly candle for 2020 is also on track to close as a red candle,....
Analysts explain where Bitcoin is headed next after it breaks $17,500 and continues to see an explosive uptrend. The price of Bitcoin (BTC) exceeded $17,400 in a strong intraday rally. On Coinbase, BTC even came close to the $17,700 mark, setting a new two-year high. As BTC glides through the multiyear resistance above $17,000, analysts are divided on its short-term outlook. Some say that BTC is primed for a pullback as whale deposits begin increasing. Others believe there is little resistance until $20,000 and that an all-time high is likely before the next deep correction.The momentum of....