Will Bitcoin Price Drop to $75,000 Ahead of US CPI Data This Week?

Last weekend, the Bitcoin course continued to decline, and the beginning of this week did not bring optimism due to the transition to the $80,000 range. It seems that Bitcoin is testing again $78,000 – this is the co-founder of Bitmex and the principal investment director of [...] L-article Arthur Hais considers a $80,000 breakdown at a fall of up to $75,000 appeared first on The Crypto Mint.

Last weekend, the Bitcoin course continued to decline, and the beginning of this week did not bring optimism due to the transition to the $80,000 range. It seems that Bitcoin will try $78,000 again: this is the co-founder of BitMex and the principal investment director of Maelstrom Arthur Hase commented on [...] The entry Arthur Hais considers a breakdown of $80,000 trigger for a $75,000 drop was first published in La Cryptocurrency.

Bitcoin Technical Analysis Report

Bitcoin’s price is showing increasing signs of vulnerability as it approaches the weekly close, raising the risk of a potential drop to $75,000. Exchange order books indicate a critical zone of interest for traders, with liquidation levels on both sides of the spot price appearing susceptible. As BTC/USD slipped to $83,000, long positions began to incur losses. Meanwhile, Bitcoin exchange-traded funds (ETFs) witnessed net outflows of nearly $370…

Will Bitcoin Price Drop to $75,000 Ahead of US CPI Data This Week?

Bitcoin price has crashed by another 4.5% taking a dip to $80,350 levels as market sentiment turns bearish just ahead of the US CPI data release this week. The overall crypto market crash over the last 24 hours has eroded more than $170 billion of investors’ wealth with market analysts predicting more pain ahead. Will Bitcoin Price Crash to $75,000? Bitcoin price has once again come under heavy selling pressure, facing strong rejection at $92,50…

Bitcoin still seeing selling pressure, under US$81K

ETH has dropped under US$2K alongside

Why Is Bitcoin Facing a Mass Sell-Off?