menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

Bitcoin to...
source image

Cryptopotato

5d

read

100

img
dot

Image Credit: Cryptopotato

Bitcoin to $150K or Back to $92K? Traders Divided as Market Cools Off

  • Bitcoin hit a new all-time high of $111,814 on May 22, but has since dropped to $103,000, leading to concerns among traders.
  • Technical indicators suggest a possible cooldown phase, with the market showing signs of volatility and uncertainty.
  • Analysts point out red flags such as consecutive sell signals, hinting at a potential short-term top and profit-taking.
  • Opinions are divided, with some predicting Bitcoin to reach $120,000 or $150,000, while others anticipate a pullback towards $92,000 to alleviate overbought conditions.

Read Full Article

like

5 Likes

For uninterrupted reading, download the app