Bitcoin Slips Below Crucial Support, Indicates Growing Market Uncertainty

2025-11-4 20:10

As per the latest data from Glassnode, losing the key support level has increased the risk of further downside in the near term for Bitcoin $BTC. origin »

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Bitcoin Price Analysis: Major Support Broken on Expanding Volume and Spread

After weeks of consolidation, bitcoin finally broke through support. The market now finds itself cruising toward prior lows. On expanding volume and spread, the bitcoin market appears ripe for a continuation of the downtrend:Figure 1: BTC-USD, Daily Candles, Broken SupportAlthough the current daily candle has yet to close, unless there is a strong influx of demand hitting the market, it stands to reason that bitcoin will be closing a new daily low for the first time since mid-December.

2019-1-29 02:01