DeFinder Capital

Bitcoin

<p><a href="https://twitter.com/CryptoCon_/status/1750196440956039493?t=fhVZgiT4TJJy8vpavhi92g&amp;s=19" target="_blank" rel="nofollow">Crypto analyst CryptoCon_ recently</a> posted on X that Bitcoin is currently experiencing one of its most aggressive declines yet. According to CryptoCon_, the 200 SMA Wave indicator is calling for Bitcoin to return to the top of the wave to retest the key moving average level around $28,000.</p> 
<p>While some optimists believe the recent drop to $38,000 may signify the end of the decline after Bitcoin’s monumental 90% price surge, CryptoCon_ cautions that historical market cycles point to potential further downside. </p> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="659" src="https://captainaltcoin.com/wp-content/uploads/2024/01/image-693-1024x659.png" alt="" class="wp-image-427680" srcset="https://captainaltcoin.com/wp-content/uploads/2024/01/image-693-1024x659.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-693-300x193.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-693-768x494.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-693-1536x988.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-693-2048x1318.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-693-233x150.png 233w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-693-100x64.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-693-544x350.png 544w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-693-788x506.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-693.png 900w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p>Specifically, the harsh end expectation is for Bitcoin to plunge as low as $28,000 – retesting the key 200 SMA level – before finding renewed buying interest. A more moderate target would be in the low $30,000s if the selling pressure eases up. But CryptoCon_ asserts that the complacency in the market following the meteoric rise to $49,000 may fuel increased selling activity first before support kicks in.</p>  
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0">
  <i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger!
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style> 
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px"> 
    <p>The key? Getting in early, especially during the IDO phase. <strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank">Get in on NuggetRush</a></strong> now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the<strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank"> current ICO prices</a></strong>!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div> 
 </div>
</div> 
<p>CryptoCon_ concludes by noting that greed peaked around $49,000 and now a period of complacency is setting in among Bitcoin investors and traders. This complacency could fuel further selling activity, taking the leading cryptocurrency back towards the 200 SMA around $28,000 before finding renewed buying interest.</p> 
<p>You may also be interested in:</p> 
<ul> 
 <li><a href="https://captainaltcoin.com/tether-printing-and-fund-transfers-raise-questions-about-bitcoin-price-stabilization-efforts/" target="_blank">Tether Printing and Fund Transfers Raise Questions About Bitcoin Price Stabilization Efforts</a></li> 
 <li><a href="https://captainaltcoin.com/top-3-altcoins-to-buy-in-2024-according-to-experts-definder-capital-dfc-chainlink-link-kaspa-kas/" target="_blank">Top 3 Altcoins To Buy In 2024 According to Experts: DeFinder Capital (DFC), Chainlink (LINK), Kaspa (KAS)</a></li> 
 <li><a href="https://captainaltcoin.com/dont-want-to-invest-in-eth-but-still-want-major-gains-check-out-meme-kombat-mk-and-sponge-v2-sponge/" target="_blank">Don’t Want to Invest in ETH But Still Want Major Gains? Check Out Meme Kombat (MK) and Sponge V2 (SPONGE)</a></li> 
</ul> 
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style=""> 
 <div class="col_wrap_two mb0"> 
  <div class="offerbox_big_wrap flowhidden"> 
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a> 
   </div> 
   <div class="product-summary col_item mobileblockdisplay"> 
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-nofollow-sponsored-span-check-nuggetrush-nugx-span-a"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <span>Check NuggetRush ($NUGX)</span> </a> </h3> 
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div> 
    <div class="buttons_col mb25 rh_big_btn_inline"> 
     <div class="priced_block clearfix"> 
      <div> <a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> Buy NUGX Today </a> 
      </div> 
     </div> 
    </div> 
    <div class="bigofferdesc">
     <i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div> 
   </div> 
  </div> 
 </div> 
</div> 
<p>The post <a href="https://captainaltcoin.com/ongoing-bitcoin-declines-one-of-the-most-aggressive-harsher-dips-expected-as-btc-targets-this-price/">Ongoing Bitcoin Declines ‘One of The Most Aggressive,’ Harsher Dips Expected as BTC Targets This Price</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Ongoing Bitcoin Declines ‘One of The Most Aggressive,’ Harsher Dips Expected as BTC Targets This Price

목차

CaptainAltcoin

2024년 1월 25일에 게재된 다른 기사

Dormant Ethereum whale returns to take its first action buys ETH rival priced at $0.09

Trio of Crypto Analysts Flip Bearish on Solana, Unanimously Agree on Downside Price Target for SOL

Ramp Network Streamlines Global Polygon Purchases

BNB Chain: Daily unique addresses drop, but it’s not all bad news

Governor Youngkin Signs Executive Order on AI Standards for Education and Government Efficiency

Solana may revisit $80 level before big leap, analysis

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!