Cryptocurrency

Bitcoin

Coin

<ul>
 <li><a href="https://www.coingabbar.com/en/crypto-currency/bitcoin-btc-prices-usd" title="Bitcoin price" class="f-link" rel="noopener noreferrer nofollow">Bitcoin price</a> persisting beneath the $52,500 resistance zone indicates a short-term negative trend for BTC.</li>
 <li>Breaking through the $52,000 resistance has proven challenging for #Bitcoin.</li>
 <li>There's a looming risk of $BTC dropping below the $50,500 support zone.</li>
 <li>After reaching a recent peak, BTC's price has been limited within a narrow trading range.</li>
 <li>Analysis of the daily chart reveals candles with short bodies, suggesting a battle between Bulls and Bears.</li>
 <li>$In recent days, BTC has been engaging in sideways trading within a horizontal channel.</li>
 <li>Traders are closely monitoring key levels at $52,500 and $50,500.</li>
 <li>A breakout above or below these levels is likely to establish a new trend for BTC.</li>
 <li>As per <a href="https://www.coingabbar.com/en/price-analysis" title="Coin Gabbar analysis" class="f-link" rel="noopener noreferrer nofollow">Coin Gabbar analysis</a>, #Bitcoin Price Prediction 2030 is $200,000, whereas Bitcoin Price Prediction 2040 is around $500,000.</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $51,600-$52,200
SUPPORT LEVEL : $50,500-$49,800
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

Bitcoin Price Prediction: Is the Bull Run Coming to an End

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