Analysts warn that possible downside wick could push BTC price as low as $44K
A double top formation preceded Bitcoin's plunge below $48,000 on Dec. 28 with some analysts suggesting it could dip to $44,000 before resuming its uptrend.
A double top formation preceded Bitcoin's plunge below $48,000 on Dec. 28 with some analysts suggesting it could dip to $44,000 before resuming its uptrend.
Original source
Read on CointelegraphRelated market context
Bitcoin Mining Cost Model Points To $47,000 Floor, But Analysts Urge Caution
TL;DR Crypto Rover says Bitcoin has never bottomed below electrical production cost, currently estimated at $47,000. Mining-cost m...
Metaplanet Acquires Siiibo Securities in Push to Build Bitcoin Financial Ecosystem
Bitcoin Magazine Metaplanet Acquires Siiibo Securities in Push to Build Bitcoin Financial Ecosystem Metaplanet Inc., Japan’s large...
Coinbase Quantum Report Warns Millions Of Bitcoin Could Face Future Security Risks
TL;DR Coinbase’s Quantum Advisory Council published a report on post-quantum migration and abandoned coins. The report estimates t...
Coinbase Council Warns 7 Million Bitcoin May Face Future Quantum Risk
TL;DR Coinbase’s Quantum Advisory Council says post-quantum migration planning should begin before quantum attacks become practica...
The 3-Part Impulse That Shows Where The XRP Price Is Headed Next
XRP bulls are trying to turn a brutal selloff into something bigger than a relief bounce. An interesting setup shows a possible th...
Bitcoin Selloff Pushes Over Half of Supply Into Loss, Worst Week Since FTX Collapse
Bitcoin fell below $60,000, pushing over 50% of circulating supply into loss. The worst week since FTX collapse raises questions a...