JUST IN: Bitcoin Hits a Wall The Chart Just Challenged the $88,000 Bullish Case.


Price action is sending a clear warning signal that analysts' optimism may be getting ahead of itself.
BTC has turned lower from a descending trendline drawn from the October highs above $126,000. This rejection comes as analysts point to ETF inflows, favorable macroeconomic winds, and the Coinbase premium as catalysts for a rally toward $88,000.
Until the price reclaims the trendline, that bullish scenario appears delayed.
BTC2.77%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin