Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13285
Markets: 101961
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
62.63%
Bitcoin Share
The Daily Hodl 2025-05-28 07:04:55

Crypto Trader Unveils ‘Absolute Worst-Case’ Scenario for Bitcoin As BTC Struggles To Clear $110,000

Crypto Trader Unveils ‘Absolute Worst-Case’ Scenario for Bitcoin As BTC Struggles To Clear $110,000

A widely followed crypto strategist believes that shallow corrections are the norm for Bitcoin as BTC flashes strong upside momentum. Pseudonymous analyst Pentoshi tells his 864,500 followers on the social media platform X that Bitcoin looks bullish amid sustained demand from corporations and exchange-traded fund (ETF) investors. According to the trader, the steady inflows suggest that a drop below $100,000 would represent the bleakest scenario for BTC at this stage. “I’d only be concerned for BTC if we lost [$104,000] and started to close under the previous all-time high closes and range highs. Absolute worst case in my opinion would be mid $90,000s. For now, we are trading above. So, bias should be continuation. Even then, I don’t think there’s enough supply to stay down for long at the rate it’s being GOBBLED up. ETFs have that gluck gluck 3000 going and are sucking supply dry, absolutely milking it and same with Saylor The printers never truly stop.” Source: Pentoshi/X At time of writing, Bitcoin is trading for $108,959. According to Pentoshi, Bitcoin is on track to break out against gold, ultimately leaving the precious metal far behind. “At some point, BTC is going to make new highs vs Gold and never look back. The fastest growing ETF in history tells you everything you need to know, as well as the companies getting exposure.” Source: Pentoshi/X Turning to the layer-1 protocol Solana, the analyst thinks SOL will head above $200 if it manages to convert the $180 resistance into support. “SOL hit $187 today. Flip this area to support, and we see $220 next in my opinion.” Source: Pentoshi/X At time of writing, SOL is worth $176. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Crypto Trader Unveils ‘Absolute Worst-Case’ Scenario for Bitcoin As BTC Struggles To Clear $110,000 appeared first on The Daily Hodl .

Most Read News

Moralis Money
Market Cap
24h Vol
62.63%
Bitcoin Share
0
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.