Bitcoin is facing a significant correction, dropping to its lowest point since early November 2024. This decline has alarmed investors, raising fears of a possible bear Market and shaking the previously optimistic outlook for Bitcoin and altcoins. Currently trading around $80,190, Bitcoin has lost over 18% of its value recently, with many traders now holding ...
Bitcoin is currently facing a correction, which analysts at Matrixport predict might last until March or April before the price attempts to rise again. On February 27, Bitcoin dropped below $80,000 for the first time in a week, influenced by a wider Market sell-off due to increasing global trade tensions. The US dollar has gained ...
Bitcoin has been experiencing a short-term correction after reaching around $106,250, now consolidating above $100,000. Currently, it is trading below $103,800 and facing resistance at the $102,000 and $103,000 levels. If Bitcoin stays above the $100,000 support, it may regain momentum and aim for higher targets, including $104,650 and $106,250. However, if the price fails ...
An analyst is predicting a potential Bitcoin correction in January 2025 as the cryptocurrency enters its first year following a halving event. Benjamin Cowen, a popular crypto strategist with a large YouTube following, notes that historically, Bitcoin has experienced significant drops in January after prior halving events. He highlights that January 2021 and 2017 both ...
