Bitcoin must hold above $108K or risk a bearish spiral

This Week's Top Predictions

The markets are telling us something important right now. Bitcoin sits at $108k with remarkably shallow drawdowns, while treasury companies multiply like mushrooms after rain. This week, I sat down with James Check to dissect what's really happening beneath the surface of this unusual cycle.Treasury Companies Will Experience 70-80% Corrections in the Next Bear MarketThe proliferation of Bitcoin treasury companies represents this cycle's version …

Bitcoin Test Support As BNB, SOL, LINK, AAVE Prep For Higher – #CryptoUpdatesGNIT

Key point: Bitcoin’s bounce off the moving averages may improve sentiment, pushing BNB, SOL, LINK, and AAVE above their overhead resistance levels. Bitcoin’s (BTC) failure to close above $110,000 may have attracted profit-booking by short-term traders. That has pulled the price near $108,000. Crypto analyst Daan Crypto Trades said in a post on X that a close above $110,000 would be good for Bitcoin, but a drop below $108,000 could deepen the cor…

Bitcoin Must Hold $108K to Prevent Bearish Reversal: Trader | The New York Ledger

Bitcoin requires to keep its momentum as it approaches its all-time high, as a hang back to $108,000 might activate a bearish sag, according to a trader. ” You do not wish to see this deviate back listed below $108K once again at this moment,” crypto expert Daan Crypto Trades stated on Thursday, including that Bitcoin (BTC) is “trying a breakout.” Bitcoin has $2.67 billion in longs at danger ” Any closes up around this $110K area would be great,…

Bitcoin must hold above $108K or risk a bearish spiral

A crypto analyst warns that a Bitcoin price drop below $108,000 could signal the beginning of a downtrend that could fall past $100,000.