Bitcoin Price Levels to Watch as ‘Bear Flag’ Breakdown Targets $97K
- Bitcoin recently reached a new all-time high above $111,000 before declining below $104,000 amid a market correction in late May 2025.
- This drop followed a market cool-off triggered by macro-economic pressures, US-China trade tensions, and a negative net inflow in Bitcoin spot ETFs on May 29.
- Bitcoin's price pattern since April includes a $10,000 surge followed by days of consolidation, but recent prices fell below this zone with daily volume decreasing by 2.24%.
- Crypto analyst Daan Crypto stated on May 30 that Bitcoin must close decisively above $106,000 to halt the decline, while some analysts expect targets near $100,000 to $102,000 amid bearish signals.
- The current trends suggest Bitcoin could face further correction in the coming weeks, but evidence indicates a potential rebound if prices retest the $100,000 region and regain key levels.
17 Articles
17 Articles
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Bitcoin dropped 11% from its $111K all-time peak as traders if key price levels do not hold and trade tensions keep rising, Bitcoin might fall to $ 97k. Main Takeaways:- A bear flag pattern on the four-hour chart suggests that Bitcoin’s price could fall to $97,000. Traders say Bitcoin’s price could fall as low as $85,000 if important support levels, like $100,000 and the yearly open near $92,000, are broken. Breakout Points Signal Move Toward $…
Bitcoin price levels to watch as ‘bear flag’ breakdown targets $97K – DG Verifications & Stats
Bitcoin fell 11% from its $111K all-time highs as traders say BTC price could drop to $97K if key support levels don’t hold amid rising trade tensions. Market Analysis Key takeaways: The emergence of a bear flag on the four-hour chart projects a Bitcoin price drop to $97,000. Traders say BTC price may drop as low as $85,000 if key support levels are broken, including the $100,000 psychological level and the yearly opening at around $92,000. Bi…
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Bitcoin price levels to watch as ‘bear flag’ breakdown targets $97K
Bitcoin price could drop toward $97,000 as classic bearish continuation pattern emerges.
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