Bitcoin Price Forecast: Can BTC retest $30,000 this week?

Canada News News

Bitcoin Price Forecast: Can BTC retest $30,000 this week?
Canada Latest News,Canada Headlines
  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 72%

Bitcoin (BTC) price has slithered back to its low-volatile, rangebound movement after a sudden spike in volatility on August 18. But this dry spell co

Mysterious Bitcoin wallet becomes 3rd largest BTC holder in 3 monthsBitcoin price has suffered a fatal setback that knocked it down by 18% between August 9 and August 17. This sudden downtrend tagged the critical support level at $25,000. But buy-the-dip investors seem to have pushed BTC to $26,000 where it currently trades.

A recovery above $26,430 would be an indication that the bullish move is in progress. The targets where traders can book profits include the midpoint of the 18% crash at $27,418 and the recently breached trend line at roughly $29,000.

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:

FXStreetNews /  🏆 14. in US

Canada Latest News, Canada Headlines

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

Bitcoin on the way to 'bearadise?' $20K is back as a BTC price targetBitcoin on the way to 'bearadise?' $20K is back as a BTC price targetBTC price targets extend below $20,000 with Bitcoin analysts spooked by the week's 11% losses.
Read more »

Bitcoin (BTC) Current Price Drop Explained by Crypto AnalystBitcoin (BTC) Current Price Drop Explained by Crypto AnalystBTC had fallen slightly in previous 24 hours to $26,011
Read more »

Bitcoin speculators are underwater on 88% of their BTC bags — ResearchBitcoin speculators are underwater on 88% of their BTC bags — ResearchBitcoin investors diverge over the latest BTC price losses.
Read more »

BTC vs. BTCX: The Token Space X and Elon Can't Shake Even After BTC DumpBTC vs. BTCX: The Token Space X and Elon Can't Shake Even After BTC DumpIn the world of cryptocurrency, volatility is a given. However, while some tokens bear the brunt of external influences, others stand resilient, promising
Read more »

Chub Cay: The Bitcoin CitadelChub Cay: The Bitcoin CitadelChub Cay, a private island in the Bahamas, is quickly becoming a Bitcoin (BTC) haven
Read more »

Bitcoin (BTC) Might Be Due for Parabolic Growth, Analyst SaysBitcoin (BTC) Might Be Due for Parabolic Growth, Analyst SaysBitcoin (BTC), largest crypto, might be getting closer to 'last buying opportunity' before radical growth phase
Read more »



Render Time: 2025-02-26 02:28:43