Cryptocurrency

Bitcoin

Coin

<ul>
 <li><a href="https://www.coingabbar.com/en/crypto-currency/bitcoin-btc-prices-usd" title="Bitcoin" class="f-link">Bitcoin</a> surged to an all-time high near $73,800 but faced significant selling pressure afterward.</li>
 <li>$BTC struggled to surpass the $69,000 resistance level. Currently, Bitcoin is moving lower with a 4.50% intraday loss.</li>
 <li>The price rejection has placed #Bitcoin in a precarious position known as the 'Danger Zone', coinciding with historical Pre-Halving Retraces and an impending FED rate decision.</li>
 <li>Despite the downturn, #Bitcoin found support within a crucial region, potentially signaling an end to the downtrend.</li>
 <li>Buyers are seeking support at the 38.20% Fibonacci retracement level, which serves as a potential demand zone during correction trends.</li>
 <li>If selling pressure persists, Bitcoin's price could drop to $63,000 or even $60,000, corresponding to the 50% and 61.80% Fibonacci levels.</li>
 <li>However, if Bitcoin holds the $65,000 level, a short-term recovery might occur, potentially push</li>
 <li>According to <a href="https://www.coingabbar.com/en/price-analysis" title="Coin Gabbar analysis" class="f-link">Coin Gabbar analysis</a>, Bitcoin Price Prediction 2030 is anticipated to hit $250,000, while Bitcoin Price Prediction 2040 forecasts a rise to $500,000.</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $65,500-$67,000
SUPPORT LEVEL : $63,000-$61,500
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Bitcoin Price Prediction: Is BTC on the Verge of Collapse?

Coingabbar

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