Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13285
Markets: 101172
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino

Market Cap
24h Vol
13285
Cryptocurrencies
64.19%
Bitcoin Share
BitcoinSistemi 2025-05-07 06:26:07

Analysis Company CEO Warns: “This Level is the Last Line of Defense for Bitcoin; If It Falls Below, a Major Breakdown Could Occur”

Analysis Company CEO Warns: “This Level is the Last Line of Defense for Bitcoin; If It Falls Below, a Major Breakdown Could Occur”

Joao Wedson, CEO of cryptocurrency analysis firm Alphractal, warned investors that Bitcoin is at a critical support level. In his statement, Wedson argued that Bitcoin should not fall below the $87,500 level. “BTC should not lose the $87,500 level, this is the last support point. This level is based on a strong metric called Alpha Price, which is based on on-chain behavior. We are still above $95,000 at the moment. However, if $87,500 is broken, it is very likely that the $75,000 level will also be lost. If this support holds, a strong base will be formed,” he said. “I would put my stop just below $87,000. If that level is broken, losses could be limited,” Wedson said. Related News: Two Mysterious BTC Whales Who Bought Bitcoin Below $1,000 Have Woken Up - Here's What We Know The analysis published by Alphractal also stated that economic uncertainties in the US have reached historic highs. According to the company's report, the US Economic Policy Uncertainty Index has risen to a new record level in 2025. The main reasons behind this increase are listed as follows: Excessive customs duties: With the trade wars launched during Trump's second term as president, import duties of up to 145% began to be applied in strategic sectors. Debt limit crisis: The debt limit was fixed at $36.1 trillion on January 2, 2025. This brought with it technical default concerns. Monetary uncertainty: The Fed kept interest rates steady at 4.25–4.50% and postponed interest rate cut plans due to high import inflation. Loss of confidence in the dollar: Protectionist policies and financial sanctions have damaged the dollar's reputation as a safe haven. Regulatory volatility: Artificial intelligence, antitrust regulations, ESG policies, and sudden changes in the energy space have thrown the business world into uncertainty. Geopolitical tensions: The Russia-Ukraine war and new crises in the Middle East have affected supply chains. Budget impasse: Persistent disagreements over spending plans have increased volatility in financial markets. *This is not investment advice. Continue Reading: Analysis Company CEO Warns: “This Level is the Last Line of Defense for Bitcoin; If It Falls Below, a Major Breakdown Could Occur”

Most Read News

Moralis Money
Market Cap
24h Vol
64.19%
Bitcoin Share
19
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.