Bitcoin (BTC) is currently experiencing a potential shift as it hovers around $100,000. Analysts suggest that if Bitcoin forms a ‘double top’ bearish reversal pattern, it could see a drop to $75,000. A double top occurs when the price peaks twice at similar levels without breaking above the first peak, indicating a weakening uptrend. The ...
Bitcoin is experiencing a bullish trend, but uncertainty about a crypto executive order from President Trump could lead to a price correction. Analysts suggest Bitcoin might fall below $96,000 due to a “diamond pattern” in its technical charts, indicating a potential reversal. Observations show that Bitcoin needs to stay above the key support level of ...
Bitcoin has seen a remarkable increase of 39.72% in the last month, reaching a new all-time high of $99,800 after the recent U.S. presidential elections. However, it has since corrected to around $90,742, creating uncertainty among analysts. Prominent analyst Ali Martinez suggests a potential December rally, predicting Bitcoin could reach between $125,000 to $140,000, based ...
