How low can the Bitcoin price go?
📉
Bitcoin recently faced a strong rejection at the $70,000 mark, triggering concerns about its potential downward trajectory. Analysts have identified key support levels that could serve as a stopping point for the current BTC downtrend. These levels can provide investors insights on where Bitcoin's price might stabilize during this downtrend.
Understanding these support levels is crucial for traders to develop strategies and manage expectations in the volatile cryptocurrency market. Such knowledge helps in preparing for potential further drops in Bitcoin's price.
Джерело: cointelegraph.com ↗
Схожі статті (33)
Bitcoin at “Make or Break Moment” as $46K Support Comes Under Scrutiny: ARK
Bitcoin 'make or break moment' hangs on $46K BTC price support — Research
Bitcoin Holds Onto Rate Cut Gains, But Analysts Say $60,000 Is Still a Critical Battleground
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 Is Nearing Key Support Levels, But Analysts Advise Caution
Bitcoin analysts say BTC is in a ‘good position’ above the 200-MA and $65K
Watch these 3 BTC price levels if Bitcoin breaks below $55K
Watch these 3 BTC price levels if Bitcoin breaks below $55K
Watch these BTC price levels as Bitcoin taps $64K
Bitcoin at a ‘pivotal juncture,’ $60K not out of the picture — Analyst
Watch these BTC price levels as Bitcoin taps $64K
Bitcoin (BTC) holding support - up from here?
Bitcoin (BTC) last support before the plunge
Will Bitcoin Break Through $70k? Short-Term Holders’ Buy Price Holds The Key
Bitcoin’s Momentum Builds, But Reclaiming $60,000 is Crucial, Says Analyst
Bitcoin (BTC) at critical juncture - bounce or rejection?
Bitcoin Recovery Path To $60,000: Analyst Reveals Why $55,881 Is Important
Bitcoin To Remain Under Pressure Until Bulls Break This Crucial Level
Bitcoin Must Reclaim This Level or $48,000 Looms
Experienced Analyst Gave the Critical Level in Bitcoin: “If This Level Is Broken, It Points To $31,500”
Bitcoin Approaches Crucial Support: Here’s Why Holding $56,000 is Extremely Important for the BTC Price Rally
Analytics Firm Reveals Critical Level Bitcoin Needs to Hold For Bullish Sentiment to Continue
Experienced Analyst Announces Level That Could Start Bullishness in Bitcoin, Warns Against Short-Term Decline!
Bitcoin at $56K – Here’s what can trigger BTC’s next bull run
Bitcoin Price Prediction: Is Breaking Past $57,000 the Key to Reaching New All-Time Highs?
Bitcoin (BTC) Retests $57,000: Final Pullback Before All-Out Rally
Analysts Predict Bitcoin Bears Face Critical Resistance at $64,000
Bitcoin Faces Critical Support Level
Analyst Warns of Significant Bitcoin Selling Pressure
Bitcoin Could Ignite a Bull Run if it Breaks Past Critical $61,500 Resistance, Analyst Says
Bitcoin’s Next Move: Critical Price Levels Identified by CryptoQuant Analyst
Bitcoin Faces Potential Correction if Crucial Support Level Fails, Warns Analyst Ali Martinez
