Michaël van de Poppe offers insights amid bearish trends for Bitcoin and upcoming FOMC decision
a warning to Bitcoin investors, suggesting that the premier cryptocurrency could soon test the $60,000 mark. The forecast comes as Bitcoin displays signs of a bearish trend, with recent price actions capturing the attention of many in the crypto space.Van de Poppe explained that Bitcoin had reached an area of interest to him. He expressed his belief that the price might stay pretty much the same, suggesting that it could test the $60K level around the time of the U.S.
The chart shared by Van de Poppe depicts a clear downward trend in Bitcoin's value, with the cryptocurrency experiencing a bearish divergence, which remains valid through rejection at the $72K area. The pattern highlighted suggests a downturn from recent highs, with a significant level of support anticipated around the $60,000 mark. This primary area for a potential low could serve as a critical juncture for Bitcoin.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC stuck under $65K ahead of FOMCBitcoin (BTC) price slipped below the $65,000 threshold on Tuesday, bringing down with it Ethereum (ETH) price as well as Ripple (XRP) price.
Weiterlesen »
Bitcoin price feels FOMC friction as trader eyes trip to mid-$50K zoneBitcoin bulls have little to fear even if BTC price weakness produces deeper lows, says new analysis.
Weiterlesen »
Bitcoin levels to watch next as BTC price risks sub-$60K retestBitcoin heads to FOMC with further downside and BTC price warnings involving a trip below $60,000.
Weiterlesen »
Bitcoin Price Nears ATH as Bitcoin Minetrix ICO Edges Towards $12MCrypto Blog
Weiterlesen »
Bitcoin Price Falls Over 9% But New Green Bitcoin ICO Raises $4.5mCrypto Blog
Weiterlesen »
FOMC could test Tokyo’s JPY weakness appetiteThe Japanese Yen (JPY) clearly underperformed on the back of the BoJ announcement.
Weiterlesen »