cryptd.in

LinkedIn alternativ pentru talentele cripto-friendly

Is $91K Next for Bitcoin’s Price If it Fails to Reclaim This Crucial Resistance?

-

de

cryptd.in
în

A lot can change in the cryptocurrency markets in the span of ten days or so, which has been evident since October 10. At the time, BTC traded confidently above $120,000, coming on the heels of yet another all-time high at $126,000. The overall sentiment was evidently bullish since Uptober had just started, and massive price predictions were going left and right.

Then all hell broke loose on October 10 when BTC plunged by up to $20,000 on some exchanges, bottoming at $101,000 (on Binance). Although it bounced off immediately after it cleared billions of over-leveraged positions, its recovery attempts were halted at $116,000, and the bears came back around on October 17.

As reported yesterday, bitcoin experienced another volatile rollercoaster, which pushed it to under $104,000 this time. Trump’s positive news on the US-China tariff front brought some relief, and BTC has since stalled at $107,000. The question now is what’s next, and analysts are quick to offer different opinions.

Reclaim These Levels, BTC

Satoshi Flipper weighed in on the lower timeframe (1 hour), saying that “the market would really love for BTC to reclaim $108K and break through this LFT falling wedge resistance.”

Michaël van de Poppe brought up another important level for BTC to reconquer – $110,000. He believes liquidity has disappeared lately, which leaves ATH levels out of the question for now. However, if BTC goes beyond $110,000, the broader market’s structure could improve immediately.

And If Not?

Crypto Tony outlined the other side of the coin. He noted that BTC is still in great danger of falling below the coveted $100,000 level, which is anticipated by the crowd, as mentioned in a recent poll report. The analyst envisioned another wave down, especially if BTC fails to stage a quick and decisive rebound.

In Crypto Tony’s doomsday scenario, bitcoin will fall to $95,000 or even $91,000 before it finally bottoms.

Postul Is $91K Next for Bitcoin’s Price If it Fails to Reclaim This Crucial Resistance? a apărut prima dată pe CryptoPotato.

Comentarii

Lasă un răspuns

Adresa ta de email nu va fi publicată. Câmpurile obligatorii sunt marcate cu *

Ultimele fluxuri

Categorii populare

ro_RO Română
ro_RO Română en_US English et Eesti ko_KR 한국어 ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

Căutați pe site

Povești populare

Etichete

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElecție (1) #BinanceVsCoinbase (1) #Bitcoin (445) #BitcoinETF (3) #BitcoinFundamente (1) #BitcoinHandling (1) #BitcoinPrice (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTCachiziție (1) #BullishPrediction (1) #BullishSentiment (1) #CincianăMiniere (1) #CPIPreview (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPrediciuni (1) #CryptoReglementare (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoIncertitudine (1) #DerivativeJump (1) #Dogecoin (74) #DogecoinGains (1) #DogecoinVolumele (1) #DutchCourt (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (73) #EthereumPain (1) #EthereumPrice (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #Fimpact financiar (1) #FinanciarPrivire privată (1) #FirmShutdown (1) #F Contul înghețat (1) #IllicitFunds (1) #InflationData (1) 1TP5Investiții (1) 1TP5Pierdere din investiții (1) #JaponezăFirmă (1) #Acțiune juridică (1) #Impact juridic (1) #Legislație (1) #LightningNetwork (1) #MAnaliză de piață (3) #MMonitorizare de piață (1) #MPredicție de piață (1) #MPrediciții de piață (1) #Mproiecție de piață (1) #MarketSupport (1) #MVolatilitatea pieței (1) #MCăsătorie (1) #MemeCoin (5) #MemeCoins (2) #MinerProfitabilitate (1) #MSpălare de bani (2) #MtGox (4) #N Coreea de NordCrypto (1) #NovogratzPredicție (1) #PriceMilestone (1) #PPrețPredicție (2) #Price Întrebare (1) #PriceSurge (1) #PrisonSentință (1) #QuantAnalysis (1) #ReglementarePresiune (1) #SECAntiCrypto (1) #ShibaInu (6) #SocialBuzz (1) #TAnaliză tehnică (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashDeveloper (1) #UKCrypto (1) #UpsidePotențial (1) #USCongresul (1) #WyomingLand (1) #XRPPrice (1) #XRPupswing (1)

Link-uri utile

Link-uri pe care le-am găsit utile și pe care am dorit să le împărtășesc.