Bitcoin stuck at $59K–$60K: Risk of a deeper drop?
- Bitcoin traded within a narrow range of $59,000 to $60,000 throughout the week.
- The current price pattern is reminiscent of a similar quiet period in 2024.
- However, this time, the pattern is forming below support while the market is trending downward.
- If this range breaks, Bitcoin’s price could face a risk of falling deeper to the $40,000 level.
#BinanceSquare #CryptoNews #BTC #Bitcoin #PhanTichGia
$btc
vlikevn Titanbot
Source: CoinDesk
- Bitcoin traded within a narrow range of $59,000 to $60,000 throughout the week.
- The current price pattern is reminiscent of a similar quiet period in 2024.
- However, this time, the pattern is forming below support while the market is trending downward.
- If this range breaks, Bitcoin’s price could face a risk of falling deeper to the $40,000 level.
#BinanceSquare #CryptoNews #BTC #Bitcoin #PhanTichGia
$btc
vlikevn Titanbot
Source: CoinDesk