Bitcoin price consolidates in critical ‘make or break’ zone as bulls defend $42K
Analysts express mixed views on BTC’s short-term prospects, but most agree that $42,000 is the level to watch.
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Analysts say Bitcoin price is in the ‘profit-taking’ zone with a ceiling at $45K
BTC bulls want to confirm this week’s trend reversal, but analysts warn that Bitcoin price is in a “profit-taking” zone where $45,000 is expected to stand as resistance.
Analysts say Bitcoin’s range-bound trading at a key support level reflects a trend reversal
BTC’s journey into the $43,000 to $46,000 price range could be another sign that the multi-month correction has ended.
Bitcoin bulls aim to solidify control over BTC price by flipping $44K to support
Bulls seek to flip $44,000 to support and analysts forecast further upside for BTC, calling the asset “the Amazon of our time.”
Bitcoin price dips below $37K as a descending channel pattern comes back into play
Bitcoin’s repeat visit to the sub-$37,000 range is re-enforcing analysts’ view that BTC is either set for a lengthy consolidation or further downside.
Fidelity: Bitcoin is a ‘superior form of money’
Fidelity argued Bitcoin should be considered separately from the rest of the digital asset market as no other altcoin comes close to its properties
Bitcoin ‘gives back gains’ after Fed comments ‘add downside risks’ to crypto markets
Analysts foresee prolonged weakness in BTC and altcoins following hawkish comments from the Federal Reserve.
Analysts say Bitcoin’s bounce at $36K means ‘it’s time to start thinking about a bottom’
Top traders are starting to search for optimal long entries for BTC even as concerns about the Federal Reserve’s new policy directive weighs on stocks and crypto markets.
Bitcoin falls to $36K, traders say bulls need a ‘Hail Mary’ to avoid a bear market
BTC price dropped to new lows at $36,000, leading analysts to call for a “Hail Mary close above $39,600” to stave off a bearish shift in Bitcoin’s market structure.
Institutional tax-loss harvesting weighs on the Bitcoin price as 2021 comes to a close
BTC price retests the recent lows at $46,000 as institutions appear to be “selling for tax reasons” while $52,000 remains a major hurdle in the path higher.