Glassnode: Bitcoin $110,000 Target Holds, Breaking These Key Levels Crucial To Avoid Crash
📉
Bitcoin experienced a significant drop to $56,700 due to US political uncertainties and the sell-off of seized BTC by the German government. These factors, along with the fallout from the Mt. Gox exchange case and miner sell-offs, have led to a nearly 20% correction. Despite the negative price performance, Glassnode predicts Bitcoin could reach $110,000, but it must cross key levels at $64,000 and $70,000. Analysts emphasize that the $56,000 support level is crucial. If Bitcoin fails to hold this level, it could face more severe consequences.
Source: www.newsbtc.com ↗
Similar articles (118)
Watch these 3 BTC price levels if Bitcoin breaks below $55K
Bitcoin must reach a 'higher high' to confirm uptrend after dip below $58K
Watch these BTC price levels as Bitcoin taps $64K
Bitcoin Holds Onto Rate Cut Gains, But Analysts Say $60,000 Is Still a Critical Battleground
Bitcoin at “Make or Break Moment” as $46K Support Comes Under Scrutiny: ARK
Bitcoin analysts say BTC is in a ‘good position’ above the 200-MA and $65K
BTC price support at $62K must hold if Bitcoin bears step in — Traders
Bitcoin at ‘pivotal juncture,’ $60K not out of the picture — Analyst
Bitcoin 'make or break moment' hangs on $46K BTC price support — Research
Bitcoin at a ‘pivotal juncture,’ $60K not out of the picture — Analyst
Watch these BTC price levels as Bitcoin taps $64K
Watch these 3 BTC price levels if Bitcoin breaks below $55K
Bitcoin must reach a ‘higher high’ to confirm uptrend after dip below $58K
Bitcoin Is Nearing Key Support Levels, But Analysts Advise Caution
How low can the Bitcoin price go?
Bitcoin Price Tests $60,225 Support: Will Bulls Push to $65,000?
Will Bitcoin Break Through $70k? Short-Term Holders’ Buy Price Holds The Key
Bitcoin (BTC) at critical juncture - bounce or rejection?
Bitcoin (BTC) holding support - up from here?
Bitcoin Price Takes a Step Back: Analyzing The Recent Correction
Crypto Analyst Says Bitcoin Is Not Ready For $65,000 Retest, But Can It Reach $71,500?
Wondering When To Buy Bitcoin? Here Are The Levels To Watch
Battleground At $60,000: Bitcoin Faces Pivotal Test As Bulls Aim To Reclaim Key Support
Bitcoin ‘Must Do This Now’, Says Crypto Analyst
Bitcoin Makes Third Retest Of Historical Support, Analyst Sounds Alarm
Bitcoin Recovery Path To $60,000: Analyst Reveals Why $55,881 Is Important
Bitcoin Crashes To $64,000: Will This Historical Support Hold?
Bitcoin Examined: These Critical Points Are ‘Very Bad’ For BTC, Analyst Says
Bitcoin Crash: Analyst Says A Break Above This Level Will Trigger FOMO
Bitcoin’s Momentum Builds, But Reclaiming $60,000 is Crucial, Says Analyst
Bitcoin Analyst: 4 Crucial Support Levels To Watch If BTC Falls
Bitcoin (BTC) last support before the plunge
Is Bitcoin Headed For A Rally Or Ruin? This Key Price Point Could Decide
Bitcoin Set For Critical Price Resistance Encounter – Analyst
Bitcoin (BTC) down, but certainly not out
These Are The Biggest Bitcoin Support & Resistance Zones, Analyst Reveals
Bitcoin Price Action Watch: 3 Pivotal Zones That Could Sway BTC’s Next Move
Bitcoin (BTC) still holding critical support - why it will recover
Bitcoin Approaching $60,000: Analyst Thinks BTC Is Ready To Fly, Here’s Why
Bitcoin To Remain Under Pressure Until Bulls Break This Crucial Level
Bitcoin’s Battle: Key Levels for Bull Market Support Band
Will Bitcoin hold $60K support or fall back to $57K? Indicators suggest…
Experts Analyze Bitcoin’s Market Situation
Bitcoin Bulls Eye $70K: Why the Crucial $58K Support Matters?
Bitcoin Price Breaks Key Support: $48,000 Next
Why Bitcoin needs to rally above $61K soon, per analysts
Is Bitcoin (BTC) Price Heading for $70K Breakout or $40K Crash?
Bitcoin Started the Week with a Drop! How Much More Can BTC Fall? Famous Analysis Company Announces Critical Level to Follow!
Bitcoin Hits Critical Support Level
Bitcoin Technical Analysis: $50,000 Support Under Siege as Bearish Trends Persist
Bitcoin falls to $49K, but recovers – Now, THESE levels are important
Prominent Analyst Reveals the Level to Hold to Avoid a Fall to $40,000 in Bitcoin
Bitcoin to $65K and beyond? What THIS key level says
Bitcoin flashes bearish signs! Watch out for THIS crucial level
Will Bitcoin’s $50K support hold? Analysts weigh in!
Analysts Explained! Bitcoin (BTC) Investors Should Follow This Level and These Events for an Increase!
Top Analyst Says Bitcoin Avoided Major Breakdown Despite Liquidations; Outlines Path to $50K
Bitcoin Hangs on Critical Support: Will BTC Price Rise to $66,000 or Face a Rejection to $60,000?
Bitcoin Price Analysis: Why $66K Level Is Important To BTC
Bitcoin: Why $61K is a crucial battle zone for BTC
Bitcoin at $56K – Here’s what can trigger BTC’s next bull run
Will Bitcoin break $67K for a rally or stay below $60K?
Bitcoin Must Reclaim This Level or $48,000 Looms
BTC Price Today: The $63.25K Level That Could Spark a Bitcoin Sell-Off!
Why $58,400 is Crucial for Bitcoin and How It Could Pave the Way to $100,000
Bitcoin Price in Critical Range: Break Above $61K Could Test ATH
Experienced Analyst Gave the Critical Level in Bitcoin: “If This Level Is Broken, It Points To $31,500”
Bitcoin Price Prediction: Is Breaking Past $57,000 the Key to Reaching New All-Time Highs?
Examining why Bitcoin’s $63,000-level is key to avoiding the next sell-off
Bitcoin Approaches Crucial Support: Here’s Why Holding $56,000 is Extremely Important for the BTC Price Rally
Experienced Analyst Announces Level That Could Start Bullishness in Bitcoin, Warns Against Short-Term Decline!
Bitcoin (BTC) Retests $57,000: Final Pullback Before All-Out Rally
Bitcoin Technical Analysis: Bearish Momentum Meets Critical Support
Bitcoin Price Prediction: Choppy Price Action Expected for Two Weeks, $68K To Become a Key Support Level Next
Is Bitcoin’s End Game Near? Bears Flirt with $60K as More Downside Looms in Coming Weeks
Bitcoin holders on edge: Analysts point to THESE key levels to monitor
Will Bitcoin's Rise Continue? According to Analyst, This Level Is The Key Point For The Rise!
Analytics Firm Reveals Critical Level Bitcoin Needs to Hold For Bullish Sentiment to Continue
Bitcoin Fails to Surpass Key Resistance, Analysts Claim Bearish Outlook Holds
Bitcoin: Why $55,355 support is key for BTC in October
Bitcoin Price Prediction: Short-Term Bounce Ahead, But $56K Dip Threatens Larger Rally
Analyst Warns of Significant Bitcoin Selling Pressure
Bitcoin Shows Signs of Falling Below Critical Range
Analyst Highlights Bitcoin’s Potential Support Level
Analysts Predict Bitcoin Bears Face Critical Resistance at $64,000
Bitcoin Faces Critical Support Level
Analysts Highlight Key Bitcoin Price Levels
CryptoQuant Highlights Bitcoin’s Recent Surge and Key Levels for Short-Term Traders
Bitcoin Tests Historical Support Level
Bitcoin Faces Critical Support Test: Analyst Warns of Potential Market Collapse Below $44.6K
Bitcoin Price Analysis: Potential Bear Trap as BTC Tests Key Support
Bitcoin Continues to Struggle Below $60K: Analyst Insights and Investor Takeaways
Bitcoin Struggles Below Bull Market Support, Analysts Predict Volatility Explosion
Bitcoin Drops 4% From Daily High, Experts Eye Support at $57.2K-$57.4K
Bitcoin Price Analysis: Key Support Levels to Watch as Market Consolidates Below 200-Day Moving Average
Bitcoin Approaches Key Support Level Amid Potential Price Rebound
Bitcoin Price Analysis: Key Levels to Watch as BTC Faces Resistance at $65,103
Analysts Expect $50K Bitcoin Support to Hold Amid Increased Wallet Activity and Long-Term Bullish Sentiment
Bitcoin Recovery: Expert Predictions and Actionable Insights for a Bullish Trend Ahead
Bitcoin Poised for September Rally if $58K Support Holds, Says Rekt Capital
Bitcoin Breaks Key Support at $53K: What’s Next for BTC Price?
Bitcoin’s Key Liquidation Levels: Can BTC Break $63,000 or Fall Below $61,000?
Bitcoin Price Eyes Comeback: Key Levels at $57,289, $61,906, and $70,283
Bitcoin’s Next Move: Critical Price Levels Identified by CryptoQuant Analyst
Analyst Predicts Bitcoin (BTC) Surge if Crucial $54,000 Support Level Holds
Bitcoin Price at Critical $56,800 Level: Rebound or Further Decline Ahead?
Bitcoin’s $50k Support Zone Crucial Amid Market Fear and Oversold Conditions
Bitcoin Faces Key Support Test at $60K Amid Market Challenges, Analysts Warn of Possible Drop to $50K
Bitcoin Price Analysis: Potential Plunge Below $60K Key Support Level Looms
Bitcoin Ready for Parabolic Surge After Confirming $65,000 Support Level: Rekt Capital Analysis
Bitcoin Faces Critical Test: $63,000 Support Level Key to Sustaining Bullish Trend
Bitcoin Testing Crucial $64K Support: Key On-Chain Metric Signals Bullish Potential
Bitcoin Faces Potential Correction if Crucial Support Level Fails, Warns Analyst Ali Martinez
Bitcoin Could Ignite a Bull Run if it Breaks Past Critical $61,500 Resistance, Analyst Says
Bitcoin Price Hits Bottom: Key $60K Resistance Level in Focus
Bitcoin Struggles for Stability Amid Mt. Gox and German Government Scrutiny, Key Level at $51,500: Analyst
Bitcoin (BTC) Faces Critical Support at $46,400 Amid Potential Market Panic
Bitcoin’s $52,000 Support Level: Analyst Predicts Imminent Rebound
