Bitcoin Faces Uncertainty: Could the Bears Drive BTC Down to $60K

Dec 28, 2024 · Bitcoin (BTC) has recently been showing signs of weakness, and investors are starting to wonder whether the cryptocurrency will experience a major price correction. With …

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Bitcoin Faces Uncertainty: Could The Bears Drive BTC Down To $60K

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Dec 28, 2024 · Bitcoin (BTC) has recently been showing signs of weakness, and investors are starting to wonder whether the cryptocurrency will experience a major price correction. With …

thecurrencyanalytics.com

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Will Bitcoin Bears Pull It Down To $60K? Analyst Shares Signs Of ...

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Dec 28, 2024 · In fact, according to some analysts, BTC’s latest bearish price action could underline the possibility of BTC once again falling to $60k. Will Bitcoin bears push BTC to …

ambcrypto.com

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Top Analyst Warns Bitcoin Could See Lengthier Bear Market If BTC …

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Oct 1, 2024 · According to the top trader, the deep correction in August that drove BTC below $50,000 is the leverage flush out that Bitcoin needs to move higher. The analyst highlights that …

dailyhodl.com

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Bitcoin Bears Beware: Analysts Reveal Game-Changing Catalysts …

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Bitcoin's Week Below $60K: Is a Reversal on the Horizon? BTC has been stuck under $60K for over a week, and Q3 hasn't been kind, with a 7% drop. The culprits? Government sell-offs and …

msn.com

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Bitcoin Faces Uncertainty: Could The Bears Drive BTC Down To $60K

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Aug 11, 2024 · Bitcoin is under bearish pressure with a significant drop in recent weeks. Top analyst DonAlt highlights critical resistance levels and warns of a continued downtrend unless …

thecurrencyanalytics.com

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BTC’s Future In Focus: 4 Key Factors That Could Drive ... - Bitcoin …

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Oct 4, 2024 · Meanwhile, brokerage and research firm Bernstein suggests Trump could drive BTC to $90,000, but under Harris, bitcoin might dip to $35,000. The Fed’s Federal Open Market …

bitcoin.com

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Bitcoin Price Recovery Could Face Many Hurdles Near $60K

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There was a break above a key bearish trend line with resistance at $57,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could struggle to clear the $60,000 and …

newsbtc.com

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Does Bitcoin’s Negative Funding Rate Signal That Bears Are In Total ...

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Sep 11, 2024 · Data shows that the Bitcoin funding rate has been mostly negative since Sept. 7, when BTC briefly dipped to $52,600 following $311 million in leveraged long liquidations over …

cointelegraph.com

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Will BTC Ditch The Bear Market? 5 Things To Know In Bitcoin This Week

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As of March 27, more than 52.5% of all mined BTC has stayed dormant since at least March 2021, with owners not selling or transferring during the ensuing bear market. Bitcoin dormant …

cointelegraph.com

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Bitcoin Price Struggles As Bears Overtake Bulls In Futures Markets

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Sep 11, 2024 · Interest rate cuts could catalyze Bitcoin rally — as long as BTC remains above $50,000 The long-awaited interest rate cut could catalyze Bitcoin’s parabolic run as long as Bitcoin can remain ...

cointelegraph.com

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Bitcoin Price Forecast: Middle East Tensions Spark Market …

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Oct 3, 2024 · Bitcoin Price Could Dip Below $60K Amid Geopolitical Uncertainty, but $250K in 2025 Still Possible. Standard Chartered’s Geoffrey Kendrick cautions that geopolitical …

cryptonews.com

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Bitcoin Is Near A Bear Market And May Be Stuck Until 2025: Huobi ...

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Feb 21, 2022 · Bitcoin is on the edge of a bear market, if past cycles are to go by, the co-founder of the Huobi exchange has said. ... The cryptocurrency was down 1.8% to $37,683 on Monday …

businessinsider.com

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Bitcoin Could Be Entering Next Bear Market Phase, Warns Trader …

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Aug 18, 2021 · According to the trader’s chart, Bitcoin appears to be mirroring its price action from December 2020 to May 2021, where BTC rose from $20,000 to above $60,000 – before …

dailyhodl.com

FAQs about Bitcoin Faces Uncertainty: Could the Bears Drive BTC Down to $60K Coupon?

Is BTC on the verge of a bear market?

A prominent crypto analyst and trader who called the Bitcoin crash in May says that BTC could be on the verge of entering the next phase of its bear market. ...

Is bitcoin on the edge of a bear market?

Bitcoin is on the edge of a bear market, if past cycles are to go by, the co-founder of the Huobi exchange has said. Du Jun told CNBC the next bull cycle is unlikely to come around before 2025. Bitcoin has fallen dramatically since November, from $69,000 to below $38,000 on Monday. ...

Could a similar correction drive bitcoin down to $20,000?

Dave the Wave says that a similar correction could drive Bitcoin down to $20,000 before the end of the year. Despite Bitcoin’s recent strength, Dave the Wave says that BTC remains in a downtrend as it continues to trade below a diagonal resistance in the long-term timeframe. ...

Is bitcoin retracing its price action from December 2020 to May 2021?

According to the trader’s chart, Bitcoin appears to be mirroring its price action from December 2020 to May 2021, where BTC rose from $20,000 to above $60,000 – before igniting a 50% correction to $30,000. Dave the Wave says that a similar correction could drive Bitcoin down to $20,000 before the end of the year. ...

Is bitcoin up 20% in March?

Bitcoin is currently up 20% for March, meaning that the coming days will decide the strength of the ongoing recovery from multi-year lows. Cointelegraph takes a look at five key topics to bear in mind during the final week of what has been a volatile month. ...

Is bitcoin in a downtrend?

Despite Bitcoin’s recent strength, Dave the Wave says that BTC remains in a downtrend as it continues to trade below a diagonal resistance in the long-term timeframe. “Monthly chart has yet to close above the line of resistance as drawn for a good few months now. ...