Analysts See Potential Market Bottom for Bitcoin Amid Turbulence
📉
The sudden drop in the crypto market caught major attention as Bitcoin briefly dipped to $49,000 before stabilizing at $52,765. Similarly, Ethereum mirrored this volatility, touching $2,100 before trading at $2,359.
Large liquidations followed, amounting to $1.06 billion in 24 hours. Despite the market panic, some analysts predict a buying opportunity.
Charles Edwards of Capriole Investments and prominent trader Bitcoin Jack suggested potential rebounds at key support levels, while CryptoKaleo advised accumulation. Investor nerves are high, but some see long-term gains.
Source: beincrypto.com ↗
Benzer makaleler (72)
Bitcoin Price Poised for a Weak September, Analysts Say
Bitcoin analysis warns BTC price risks 2023 rerun when stocks shed 10%
Bitcoin analysis warns BTC price risks 2023 rerun when stocks shed 10%
Bitcoin analysis warns BTC price risks 2023 rerun when stocks shed 10%
Critical Bitcoin Indicator: Analyst Foresees Major 75% Correction Ahead
Crypto Analyst Says The Bitcoin ‘Summer Chop’ Is Nearing Its End, Here’s Why
Bitcoin Still At Risk Of Further Correction, CryptoQuant Head Says
Mirroring The Crash: Can Bitcoin Rise As Fast As It Fell?
Is Bitcoin (BTC) Demand Drying Up? Top Analyst Shares Details
Crypto Analyst Says This Is ‘The Moment’ For Bitcoin – What Does It Mean?
‘Just be thankful Bitcoin exists,’ say analysts as BTC dreads $30K drop
Analyst Shares What to Expect Next in the Declining Bitcoin Price
Bitcoin (BTC) Price Decline May Not Be Over Despite Recent Recovery
Analyst Foresees Bitcoin Price Drop
Will the Fall in Bitcoin Continue? Analyst Referred to FTX Collapse, Shared His Expectations!
The Continuation of Bitcoin's Recovery Depends on These Conditions! Here are the Details…
Bitcoin Faces New Price Challenges
Bitcoin’s 22% fall: How futures market data hints at recovery
Bitcoin Bounces Back: Analyst Predicts New ATH After $2.5 Billion Options Expiry
Analyst Says Danger Hasn’t Passed in Bitcoin, Shares What to Expect Next and Risks
Analysts See Bitcoin Rebounding
Bitcoin Analyst Predicts Recovery
How Will Bitcoin (BTC) Price Move in the Coming Days? Deribit Analysts Explained!
Bitcoin Analysts Expect Year-End Recovery
Analyst Says Bitcoin (BTC) Bull in Danger Points to End of August!
Bitcoin Price Analysis: Here’s What Next For BTC Price
What is the Latest Situation in Bitcoin (BTC)? Will the Rise Continue or Will There Be Another Correction? Analysts Evaluated!
Analyst Says Bitcoin's Decline Will Continue, Answers the Question "What is Needed for the Rally to Start?"
Here Is Why You Should Not Sell Your Bitcoin! Top Analyst Weighs In
Bitcoin Price Prediction: What to Expect Next Amid Strong Spot Selling Pressure?
Could Bitcoin Defy the Bears? Top Bitcoin Analyst Points to Past Patterns for Hope
Bitcoin Rally or Final Capitulation? Top Analyst Reveals Key Scenarios To Watch
Analysts Say Bitcoin's Decline is Short-Lived, and Predict How Long the Decline Could Continue!
Bitcoin Price Analysis: Expert Predicts Bullish Breakthrough Post-Japan Crash!
Bitcoin Price Prediction: A Major Drop or a Massive Reversal? Here’s What Experts Say!
Will the Bitcoin Price Decline Continue or Will it Rebound? Here’s What the Analytics Company Says
What's Next for Bitcoin? Rise or Fall? Analysts Explained!
Bitcoin’s bearish reversal? Analyst predicts BTC’s drop based on THIS
Bitcoin analyst eyes a rebound based on THIS historical pattern
Analysts Offer Mixed Forecasts for Bitcoin
Bitcoin: Analyst predicts a BTC rally based on THIS historical cycle
Analyst Sees Bitcoin’s Imminent Upswing
Analysts Debate Bitcoin’s Price Trajectory
Analysts Forecast Bitcoin’s Imminent Rise
Analyst Sees Market Correction as a Positive Development for Bitcoin
Analysts Predict Bitcoin’s Bull Run to Reach New Heights
Analysts Predict Bitcoin’s Future Amid Market Fluctuations
Bitcoin Analysts Predict a Recovery by Year-End
Analysts Discuss Bitcoin’s Recent Performance and Market Signals
Analyst Discusses Bitcoin’s Struggles with Resistance Levels
Analysts Discuss Bitcoin’s Recent Performance and Market Signals
Analyst Predicts Potential Trend Reversal in Bitcoin Monthly Chart
Analyst Addresses Bitcoin Sellers as Price Fluctuates
Analysts Predict Potential Bitcoin Price Decline
Analyst Predicts Bitcoin Price Dip Similar to November 2022
Analysts Warn About Bitcoin Price Decline
Cryptocurrency Strategist Bluntz Predicts Bitcoin (BTC) Drop Before Major Rally
Bitcoin (BTC) Heading for a Massive Crash? Analyst Warns of Critical Support Levels Amid Bearish Trends
Bitcoin Faces Increased Volatility and Potential Bear Market, Warns Analyst
Crypto Analyst Warns of Potential 7% Bitcoin (BTC) Decline Amid Mixed Market Signals
Bitcoin Price Recovery: Bernstein Analysts Predict Bullish Turn Amid Macro Factors
Bitcoin’s Ongoing Frustration: Analysts Warn of Continued Market Stagnation
Bitcoin Rally Concerns: Analyzing Momentum Indicators and Market Trends for Future Price Movements
Experienced Analyst Warns of Potential Extended Downtrends for Bitcoin
Bitcoin Analyst Sensei Highlights Potential Bear Trap Amid Market Corrections
Bitcoin (BTC) Faces Potential 25% Decline Amid Analyst Warning
Bitcoin’s 22.5% Plunge Sparks Bearish Sentiment, Setting the Stage for Future Bullish Trends
Bitcoin’s August Slump: Analysts Predict Recovery Post-Election Year Patterns
Bitcoin (BTC) Analysts Warn of Possible Trend Reversal Amid ‘Interesting’ Monthly Candle Formation
Bitcoin Correction Expected Before Major Recovery, Says Top Crypto Analyst
Bitcoin Faces Historical Correction Risks Amid Economic Concerns, Analysts Warn
Bitcoin Facing Bearish Signals as Market Awaits Pre-Bull Correction
