$8K dive or $22K rebound? Bitcoin traders anticipate Q1 BTC price action

Malaysia News News

$8K dive or $22K rebound? Bitcoin traders anticipate Q1 BTC price action
Malaysia Latest News,Malaysia Headlines
  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Who's for a $22,000 BTC recovery? It could come in Q1, one prediction says.

On daily timeframes, BTC/USD is back below the equilibrium price of a range in place since FTX began, this no longer holding as support.

“I remain short and am looking for the push down into the range low as highlighted,” Crypto Tony wrote in accompanying comments.For fellow trader Cred, it is also all about the range when it comes to how Bitcoin might behave in future.on Dec. 29, Cred identified monthly and weekly support at $14,000 and $12,000, respectively.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Cointelegraph /  🏆 562. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Microstrategy Buys More Bitcoin — Company's Crypto Holdings Grow to 132,500 BTC – Featured Bitcoin NewsMicrostrategy Buys More Bitcoin — Company's Crypto Holdings Grow to 132,500 BTC – Featured Bitcoin NewsMicrostrategy is now holding approximately 132,500 bitcoin following its most recent $BTC purchases. crypto cryptocurrency
Read more »

Bitcoin beats Tesla stock in 2022 as BTC price heads for 60% lossesBitcoin beats Tesla stock in 2022 as BTC price heads for 60% lossesBTC price action is still outperforming Tesla stock year-to-date and Bitcoin may continue to do so, one analyst believes.
Read more »

Bitcoin (BTC) Price Analysis for December 29Bitcoin (BTC) Price Analysis for December 29Can BTC rise to $17,000 by the end of the year? NickSzabo4 alistairmilne Maybemore_DC WhalePanda maxkeiser
Read more »

BTC price preserves $16.5K, but funding rates raise risk of new Bitcoin lowsBTC price preserves $16.5K, but funding rates raise risk of new Bitcoin lowsWill 2023 begin with a dip? In a list of potential “capitulation targets,” analyst CryptoTony__ doubled down on $10,000 and lower for Bitcoin, while also revealing expectations for Ether to dip as low as $300.
Read more »

Bitcoin price bottom not in, data says as whale orders hit 2-year lowBitcoin price bottom not in, data says as whale orders hit 2-year lowBitcoin has little bid support and BTC price could fall as a result, says analysis.
Read more »

Bitcoin price would surge past $600K if 'hardest asset' matches goldBitcoin price would surge past $600K if 'hardest asset' matches goldReady for $600,000 BTC? It could happen if Bitcoin demand matches gold, says caprioleio.
Read more »



Render Time: 2025-02-27 06:39:20