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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Although Bitcoin (BTC) is solidifying its position above the $60,000 support zone, a cryptocurrency analyst has warned that the maiden digital asset is headed for a significant downturn. Particularly, Bitcoin is likely to crash and form a major low in the coming months, a period that will possibly be marked by high volatility if it continues to trade below $70,000, Alan Santana noted in a TradingView post on September 25. Santana highlighted the technical challenges Bitcoin has faced since reaching an all-time high of $74,000 in March 2024. In early March, a powerful bearish signal emerged, with the highest daily bearish volume seen in years on March 5, foreshadowing the market’s downward trajectory. Picks for you Silver is in one of its ‘hottest bull markets of all time’ 3 hours ago ...

The block subsidy halving is expected to happen on April 20, fuelling Bitcoin’s (BTC) price as in the past. However, BTC could still crash from current prices before gaining enough strength for the expected post- halving surge. In particular, CrypNuevo sees a short-term bull run to $47,000, followed by a crash to the $36,000 zone. The expert trader posted this Analysis on X on January 26, following a validated previous insight from January 21. This account is known for its high accuracy rate with liquidity pool analyses. Essentially, CrypNuevo explained how Bitcoin might consolidate in the range between $40,000 to $45,000 over February. During this time, the market may see a deviation run to the aforementioned $47,000. After that, there is a potential support zone from $36,000 to $36,700, considering previous liquidity pools and price action. BTC/USD daily price chart. Source: @CrypNuevo on X BTC halving and historic price action Cryptocurrency Ripple hirin...