Bitcoin Bearish Signals Are ‘Hard To Ignore’: Analyst Warns Of Drop To April ...
As Bitcoin (BTC) tries to hold the $90,000 barrier, some analysts affirm that the flagship crypto’s bear market signals are becoming clearer, suggesting that a breakdown to new lows could be around the corner. Related Reading: Dogecoin Could Stage A 600% Rally In 2026 If This Multi-Year Support Holds Bitcoin Bear Flag Raises Concerns On Friday, Bitcoin shredded its Thursday gains, dropping 3.2% intraday to retest the $89,500-$90,500 support zone once again. The cryptocurrency has been trading between the $84,500-$94,500 range for the past four weeks, briefly falling to a seven-month low of....
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Bitcoin (BTC) enthusiasts and investors are keeping a watchful eye on the ever-volatile cryptocurrency market as the clock ticks closer to the highly anticipated halving event in April 2024. Benjamin Cowen, a well-known crypto analyst with a substantial following, has raised concerns about the potential for a significant price drop in Bitcoin before this upcoming […]
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. Related Reading: Another Short-Lived Solana Rally? Here’s Why It May Be Different This Time Bitcoin Drops To Weekly Lows Bitcoin lost the $110,000 support for the first time in nearly two months, dipping below the lower boundary of its local range, between $108,700-$119,500. The flagship crypto hit an eight-week low of $107,900 on Friday afternoon, raising....
According to on-chain analyst James Check, Bitcoin may face a political crisis as much as a technical one if powerful quantum computers arrive. Related Reading: Ripple’s Big Ambition Revealed By CEO: A Future Challenger To JPMorgan? He warns that the hard part will not be the math but getting the Bitcoin community to agree on […]
A crypto analyst has shared a technical analysis for the Bitcoin price, predicting a foreboding crash to $41,000. According to the analysis, Bitcoin has formed an unexpected harmonic “Shark” pattern that could extend its downtrend. While a drop to this low level could amplify the fear and uncertainty already plaguing the market, the analyst highlights that the appearance of this pattern is usually bullish. Shark Pattern Signals Bitcoin Price Crash To $41,000 Crypto analyst Tony Severino disclosed on X this Wednesday that Bitcoin is forming a rare bullish harmonic pattern on the weekly....
Bitcoin bull run is about to hit a hard wall of resistance, according to independent financial analyst Josh Rager.