Tuesday, July 1, 2025
Social icon element need JNews Essential plugin to be activated.
No Result
View All Result
Crypto now 24
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • REGULATIONS
  • SCAMS
  • ANALYSIS
  • VIDEOS
MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • REGULATIONS
  • SCAMS
  • ANALYSIS
  • VIDEOS
No Result
View All Result
Crypto now 24
No Result
View All Result

Bitcoin Enters Crucial Levels; Is More Bearish Trend Possible for the BTC Price?

April 29, 2023
in Crypto Exchanges
Reading Time: 2 mins read
A A
0

[ad_1]

Bitcoin worth has been surging ever for the reason that starting of 2023, and regardless of a few bearish pullbacks, it has maintained its power. The latest upswing displayed the bull’s confidence and confident of elevating the value past the essential resistance. Now that the value has landed in one of many essential zones, a major drop might also make its manner out. 

Every time, the BTC worth visited these zones, it confronted a good rejection, dragging the value down by practically $1000. Due to this fact, it’s now believed that the value could rise once more in direction of the identical resistance and encounter essential ranges, which can transform fairly decisive. 

Supply: Tradingview

The BTC worth has once more been caught within the parallel channel and gathered closely earlier than coming into the essential resistance space. Furthermore, earlier than, breaking out of the earlier highs, one can anticipate to witness sharp purple candlesticks pointing in direction of the south. if we witness a correction at these ranges, then a steep downfall towards the $24,000 space could possibly be extra possible. 

Due to this fact, it’s extra essential now to maintain an in depth watch on the resistance space as Bitcoin volatility is predicted to spike closely inside these areas. If in case, the bulls fail to carry their power, then a large downpour could possibly be imminent which can prolong the slender consolidation for some extra time forward. 

[ad_2]

Source link

Tags: BearishBitcoinBTCCrucialEntersLevelsPriceTrend
Previous Post

Bitcoin moves the cryptocurrency market. Its dependency on the US dollar increased.

Next Post

Scammers Hack Famous YouTube Channel To Promote XRP Scam

Next Post
Scammers Hack Famous YouTube Channel To Promote XRP Scam

Scammers Hack Famous YouTube Channel To Promote XRP Scam

Achieving The American Dream: Why Natalie Brunell Shares The Stories Of Bitcoin

Achieving The American Dream: Why Natalie Brunell Shares The Stories Of Bitcoin

Netflix Star Driving Bitcoin Adoption With Porsche Flying El Salvador Flag – Bitcoin News

Netflix Star Driving Bitcoin Adoption With Porsche Flying El Salvador Flag – Bitcoin News

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Social icon element need JNews Essential plugin to be activated.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Mining
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Videos
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Crypto Now 24.
Crypto Now 24 is not responsible for the content of external sites.

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • REGULATIONS
  • SCAMS
  • ANALYSIS
  • VIDEOS

Copyright © 2023 Crypto Now 24.
Crypto Now 24 is not responsible for the content of external sites.