Is The Bear Market Rally Over? Bitcoin Break Key Support, Ethereum And Altcoins See Deep Correction.

Bitcoin price tags new April low as traders weigh odds of $25K next
Bitcoin threatens a breakdown below $27,000, and traders are ready and waiting with their downside BTC price targets.

Bitcoin BTC managed to stay above $27,000 for the past three days, but its 9% loss last week spooked some newbie traders. Glassnode data shows that short-term holders who acquired Bitcoin less than 155 days ago have been moving coins to the exchanges at a loss since April 16.

While short-term traders are panicking and focusing on the $25,000 level on the downside, some analysts are turning bullish for the next year. Bloomberg Intelligence analyst Jamie Douglas Coutts expects Bitcoin to reach $50,000 by April 2024.

Bitcoin Hold Support, Ethereum And Altcoins See Deep Correction. Is The Bear Market Rally Over?

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Видео Is The Bear Market Rally Over? Bitcoin Break Key Support, Ethereum And Altcoins See Deep Correction. канала Mr Legend
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