Anasayfa Korku ve Açgözlülük Madencilik Havuzları cüzdan Sözlük duyurmak Facebook Twitter Telegram Reddit Youtube
Kripto Değeri:
24-Saat Hacmi:
Aktif Kripto Para Birimleri: 12837
Pazar: 99741
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
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Kripto Değeri
24-Saat Hacmi
12837
Aktif Kripto Para Birimleri
60.66%
Bitcoin Pay
NewsBTC 2025-02-26 01:30:23

Market Signals Point To Caution: Bitcoin’s 3-Day Chart Shows Potential Sell Alert

Market Signals Point To Caution: Bitcoin’s 3-Day Chart Shows Potential Sell Alert

Bitcoin (BTC), the market’s leading cryptocurrency, has officially entered a new downtrend phase following a period of consolidation around the mid-$90,000 levels. After reaching an all-time high of $109,000 in January, Bitcoin has now seen a significant drop of 7%, bringing its current price to approximately $87,400. This decline raises concerns about the sustainability of the broader bull market as investor sentiment shifts towards fear. Could A Drop Below $80,000 Be Imminent? Market expert Jesse Olson recently took to social media platform X (formerly Twitter) to question whether Bitcoin is nearing a local top or possibly “the” top for this market cycle. Olson referenced historical data suggesting that previous pivot points for Bitcoin often signal significant downturns. He highlighted two notable instances: In April/May 2021, the Bitcoin price experienced a pivot point about 20% below its local top, leading to a price drop of 56%. In November 2021, the pivot was around 15% from “the” top, resulting in a staggering 77% decline. Currently, the price sits approximately 15% below the recent peak, and Olson notes a pending sell signal on BTC’s 3-day chart, indicating potential further downside. Related Reading: Litecoin Trading Activity Increases Over The Past Month – Potential LTC ETF Draws Speculation The expert also mentioned that while Bitcoin has hit Target 2 of 4 in his analysis, several indicators suggest the price could drop below $80,000, with higher time frames beginning to show bearish signals. Arthur Hayes Warns Of Bitcoin Downturn Adding to the bearish sentiment, market expert Arthur Hayes expressed concerns in a recent post on X, warning of a potential extension of Bitcoin’s downturn. Hayes highlighted that many holders of BlackRock’s Bitcoin exchange-traded fund (ETF), IBIT, are hedge funds that have gone long on the ETF while simultaneously shorting Chicago Mercantile Exchange (CME) futures to earn a yield greater than short-term US treasuries. Should Bitcoin’s price continue to fall, Hayes suggests that these funds may unwind their positions, selling IBIT and buying back CME futures. This profit-taking strategy could lead to further declines in Bitcoin’s price, potentially pushing it down toward the $70,000 mark. Related Reading: Dogecoin Activity Levels Crash To 4-Month Lows, Does This Spell Doom For The Meme Coin? Despite the prevailing bearish outlook, analyst Doctor Profit presents a more optimistic perspective. He emphasizes that the production cost of Bitcoin is currently at $95,000, meaning the market price is below this critical threshold. Historically, prices trading below production costs have signaled prime buying opportunities for investors. Doctor Profit argues that this situation creates a compelling case for potential investors, as the market often sees price rebounds when production costs are higher than market prices. Featured image from DALL-E, chart from TradingView.com

En Okunan haberler



Cryptohopper
Kripto Değeri
24-Saat Hacmi
60.66%
Bitcoin Pay
371
Bugünün Haberleri
Feragatnameyi okuyun : Burada sunulan tüm içerikler web sitemiz, köprülü siteler, ilgili uygulamalar, forumlar, bloglar, sosyal medya hesapları ve diğer platformlar (“Site”), sadece üçüncü taraf kaynaklardan temin edilen genel bilgileriniz içindir. İçeriğimizle ilgili olarak, doğruluk ve güncellenmişlik dahil ancak bunlarla sınırlı olmamak üzere, hiçbir şekilde hiçbir garanti vermemekteyiz. Sağladığımız içeriğin hiçbir kısmı, herhangi bir amaç için özel bir güvene yönelik mali tavsiye, hukuki danışmanlık veya başka herhangi bir tavsiye formunu oluşturmaz. İçeriğimize herhangi bir kullanım veya güven, yalnızca kendi risk ve takdir yetkinizdedir. İçeriğinizi incelemeden önce kendi araştırmanızı yürütmeli, incelemeli, analiz etmeli ve doğrulamalısınız. Ticaret büyük kayıplara yol açabilecek yüksek riskli bir faaliyettir, bu nedenle herhangi bir karar vermeden önce mali danışmanınıza danışın. Sitemizde hiçbir içerik bir teklif veya teklif anlamına gelmez