Caution on Bitcoin (BTC) Double Top, But a Full-Blown Price Crash Seems Unlikely, Sygnum's Tischhauser Says

Caution on Bitcoin (BTC) Double Top, But a Full-Blown Price Crash Seems Unlikely, Sygnum's Tischhauser Says

Bitcoin's potential double top above $100,000 raises caution, but a crash like 2022 is unlikely without a black swan event, Sygnum's Head of Investment Research Katalin Tischhauser told CoinDesk.

Bitcoin Crash Unlikely: Sygnum Analyst Foresees Resilience Amidst Surging Institutional Inflows

BitcoinWorld Bitcoin Crash Unlikely: Sygnum Analyst Foresees Resilience Amidst Surging Institutional Inflows In the volatile world of digital assets, the specter of a significant Bitcoin crash often looms large in the minds of investors. However, a prominent voice from the institutional crypto banking sector offers a reassuring perspective, suggesting that while corrections are a natural part of any market, a full-blown catastrophe akin to 2022’…

Bitcoin Flashes Double Top Above $106,000: FVG Says A Large Crash Is Coming - Coin Surges

After hitting a low of below $100,000 during the weekend, the Bitcoin price saw a 10% bounce, reclaiming $106,000 again. This was a welcome development as it provided some relief for altcoins, which have suffered major declines in their prices. However, it seems this move up will only be short-lived with the appearance of a double-top and fair value gaps (FVGs) looking to be filled close to the weekend lows. Bitcoin Completes Liquidity Sweep To …

CoinStats - Both Good and Bad News for Bitcoin (BTC) from...

The Sygnum analyst argued that Bitcoin is unlikely to crash without unexpected black swan events like the Terra or FTX crash. Continue Reading: Both Good and Bad News for Bitcoin (BTC) from Analysts! "There is a Risk of a Major Crash, But…."

Bitcoin Flashes Double Top Above $106,000: FVG Says A Large Crash Is Coming

After hitting a low of below $100,000 during the weekend, the Bitcoin price saw a 10% bounce, reclaiming $106,000 again. This was a welcome development as it provided some relief for altcoins, which have suffered major declines in their prices. However, it seems this move up will only be short-lived with the appearance of a double-top and fair value gaps (FVGs) looking to be filled close to the weekend lows. Bitcoin Completes Liquidity Sweep To …

Caution on Bitcoin Double Top, But a Full-Blown Price Crash Seems Unlikely, Sygnum Bank's Tischhauser Says

Bitcoin’s BTC$107,489.33 double top prospects above $100,000 warrant caution, but a full-blown 2022-style crash looks unlikely unless an unexpected black swan hits, according to digital asset banking group Sygnum’s Head of Investment Research Katalin Tischhauser. “The crypto market is strongly sentiment-driven as fundamental valuations are challenging; therefore, technical analysis signals such as the double top... The post Caution on Bitcoin Do…