Bitcoin broke down- Is 75k next target?
Over the past three weeks, Bitcoin has remained virtually unchanged, trading within a range of 95K–97K.
However, yesterday, the price broke below this range, dropping to the 91K confluence support—a key level I’ve highlighted in previous analyses.
After briefly spiking as low as 87K, BTC has rebounded to around 90K, but if we analyze the price action objectively, there are no clear bullish signals.
From a technical perspective, the three-month trading range has broken to the downside, suggesting a continuation of the downward trend.
I anticipate further losses for BTC, and a drop to 75K in the coming months wouldn’t be surprising. 📉
However, yesterday, the price broke below this range, dropping to the 91K confluence support—a key level I’ve highlighted in previous analyses.
After briefly spiking as low as 87K, BTC has rebounded to around 90K, but if we analyze the price action objectively, there are no clear bullish signals.
From a technical perspective, the three-month trading range has broken to the downside, suggesting a continuation of the downward trend.
I anticipate further losses for BTC, and a drop to 75K in the coming months wouldn’t be surprising. 📉
Trade aktif
BtcUsd clearly broke under support
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.