Bitcoin Could Dump to $5,000 If This Pattern Plays Out

2019-12-26 11:00

The consolidation for the entire month of December has continued for Bitcoin as it holds above key support. If the next moves down are similar to the previous ones however it could soon be as low as $5,000 according to one analyst. origin »

Bitcoin (BTC) на Currencies.ru

$ 83811.65 (-0.73%)
Объем 24H $85.821b
Изменеия 24h: 0.95 %, 7d: -11.90 %
Cегодня L: $78298.81 - H: $84779.95
Капитализация $1662.026b Rank 1
Цена в час новости $ 7345.01 (1041.07%)

bitcoin could previous similar moves down ones

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Bitcoin Could Be Ready For ‘Phase 2’ Of This Historical Bull Pattern

On-chain data shows Bitcoin could currently be following a similar pattern as in a previous cycle in terms of this indicator. Bitcoin Could Now Be Entering Phase 2 Of The Bull Run In a CryptoQuant Quicktake post, an analyst has pointed out how the recent trend in the Bitcoin long-term holder supply has been reminiscent to what was observed in the 2017 cycle.

2024-11-9 12:30


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Crypto Analyst Says Next Bitcoin Target Is $78,700 If BTC Breaks This Resistance

An analyst explained that the next target for Bitcoin could be $78,700 if BTC could cross this resistance level of an on-chain pricing model. Bitcoin MVRV Extreme Deviation Pricing Bands Put Resistance At $65,800 In a new post on X, analyst Ali has discussed some price levels for Bitcoin that could be important based on an on-chain pricing model.

2024-7-3 09:00