Tag Archives: seasoned market analysts

This signal just cemented Bitcoin’s bear market

This signal just cemented Bitcoin’s bear market

Bitcoin’s ominous descent below a crucial support level has veteran market watchers sounding the alarm, suggesting the king of crypto may have just stumbled into a bear’s den. Bitcoin’s next price target might be $81,250, a figure whispered by a historical trendline. Crypto analyst Ali Martinez highlighted on X that Bitcoin’s 730-day Simple Moving Average – a two-year SMA that …

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