Bitcoin price collapse is possible? Why is the decline to $ 63,000 if this resistance continues
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Latter Bitcoin decreased less than $ 90,000 It was a shock to the broader encryption community, especially amid the proceedings of the ongoing bull market. Despite the volatility and continuous decreases, an encryption analyst Greater crash projectsThis indicates that bitcoin may decrease to $ 63,000 if a specific resistance level continues.
TradingView alixjey analyst Declare The price of bitcoin should exceed $ 99,500 to continue moving higher. It highlights that if this resistance is possible and the bitcoin currency fails to break it, then the leading cryptocurrency It is likely that you face a decrease in prices more severe To the lowest new levels of $ 63,000.
The last time Bitcoin was about 60,000 dollars during the massive prices in 2024 after the launch Bitcoin etfs spot. Given that Bitcoin rose to $ 104,000 at one point this year, the collapse is about $ 60,000 will be a devastating blow to investors and its market.
Bitcoin price collapse
During their price levels, many Retail investors They are likely to be able to buy bitcoin due to its increase in its cost. most The accumulations were whales Those who bought millions of dollars from Bitcoin in one blow.
Alixjey also described its expected diameter $ 60,000 – $ 65,000 as the last opportunity Enter Bitcoin marketEmphasizing that it was the main hunting point for possible profits in the Q3 and Q4 for the year 2025. This means that the analyst expects a Price recovery In Bitcoin later in the year.
Moving forward, the most prominent TradingView expert for liquidity in the time frame for a period of 4 hours that is likely to be wiped soon. He also admitted that it was only Bitcoin price expectationsThis indicates that his withdrawal will not be nullified in the short term unless he crosses the coded currency between 94,000 dollars and $ 98,000.
Other factors that can contribute to bitcoin volatility already are Non -cultivated salaries (NFP). Alixjey predicts that once it is released, these data can lead to high fluctuations in both stocks and encryption. It urges investors and traders to be careful, as major economic reports often affect market movements.
The analyst sees the biological capabilities after BTC’s failure
because of The last Bitcoin declinesMany analysts have exchanged downsic expectations in the encrypted currency, expecting a strong correction of the price before the potential recovery. One of these analysts is Herbert Sim, the chief marketing official (CMO) in AICEAN.
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Sim Projects Bitcoin will be disrupted to its lowest new levels, especially with the recent approval of the encryption reserves in the United States (the United States). Expected Crared to 40,000 dollars But it highlights that it will be short -term, and it extends from weeks, months and perhaps years. However, Aicean CMO suggested that investors who can in the long term can see more profits as soon as BTC stops the Habbudian trends.
Distinctive image from Adobe Stock, Chart from TradingView.com
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