SHIB, BONE, LEASH Added by This Crypto Platform, XRP Shows Bullish Divergence After Price Slump, This Might Push BTC Price Below $25,000: Crypto News Digest by U.Today

Take a look at what U.Today has prepared for you in its latest crypto news digest!

In a recent tweet, crypto analyst Ali Martinez stated that might face potential downside risk slightly above $25,000. As noted by Martinez, BTC’s daily chart hints at a looming death cross. Based on this, the analyst suggests that a drop below the $25,200 support might confirm a deeper price correction ahead for the flagship crypto.

In this case, selling would intensify and BTC might aim for a price below $25,000, perhaps even as low as $24,756. An increase in price above $26,399 would indicate that buyers now have the upper hand. This might lead to an increase of $27,695 and then $28,142. Thus, it might be necessary to watch for a break above $26,399 or a dip below $24,756 to adjudge BTC's next move.

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:

Utoday_en /  🏆 295. 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.

India, Nigeria, Thailand top Chainalysis’ 2023 Global Crypto Adoption IndexIndia tops the ranks for grassroots crypto adoption, according to Chainalysis’ 2023 crypto adoption index.
Read more »

First Mover Americas: Altcoins Start the Week in the RedThe latest price moves in crypto markets in context for Sept. 11, 2023.
Read more »

SHIB, BONE, LEASH of Shibarium Now Available on This Crypto Platform, Here’s Price ReactionAll three tokens created to be used on Shibarium and SHIB ecosystem have now been launched on this Australian exchange
Read more »

Bitcoin price falls as market ponders possible FTX crypto salesBitcoin is caught in bearish territory amidst the anticipated liquidation of FTX's remaining crypto asset holdings.
Read more »

Bitcoin Price-Volatility Correlation Turns Negative Again as Crypto Traders Eye FTX LiquidationsThe shift from positive correlation comes amid concerns the looming $3 billion FTX liquidations will crater the crypto market.
Read more »

First Mover Americas: Altcoin Crash May Be on the CardsThe latest price moves in crypto markets in context for Sept. 12, 2023.
Read more »