Bitcoin Price Gets $92K Target as New Buyers Enter 'Capitulation' Mode
4 Articles
4 Articles
Bitcoin price gets $92K target as new buyers enter ‘capitulation’ mode – DG Verifications & Stats
Bitcoin gave up $104,000 for the first time in weeks, while traders warned of a return to sub-$100,000 levels and new buyers amassed unrealized losses. Market Update Key points: Bitcoin slips under $104,000 amid doubts over BTC price support. Price targets now include the CME futures gap at $92,000. Short-term holders head deep into the red, sitting on growing unrealized losses. Bitcoin (BTC) faced further losses Tuesday as traders prepared f…
Head And Shoulders Pattern Says Bitcoin Price Is Headed Below $100,000
Amid the bearish pressure that has rocked the market, the Bitcoin price continues to fluctuate around the $110,000 support, especially with selling pressure building up. This has led to predictions that the Bitcoin price is headed for another crash amid the weakness. One analysis that stands out comes from crypto analyst Toby Dawson, who pointed out the formation of a bearish Heads and Shoulders pattern that could trigger a cascade below $100,00…
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