price correction – DIGIT INFO

Bitcoin Correction Looms as Analyst Predicts Drop to $85,600 Without $100K Breakthrough

DIGIT — Mon, 25 Nov 2024 18:10:17 +0000

Bitcoin’s (BTC) recent rally faces a potential setback, with an analyst warning of a significant correction unless the cryptocurrency surpasses the critical $100,000 resistance level. TD Sequential Signals Correction On Nov. 12, 2024, an X trader known as Ali flagged a bearish pattern for bitcoin’s 12-hour chart, using the TD Sequential indicator to support the […]

Go to Source

Past vs. Present — Examining Bitcoin’s History of Bull Market Corrections

DIGIT — Sat, 06 Jul 2024 20:30:14 +0000

As of now, the price of bitcoin has decreased by 23.4% from its peak of $73,737, reached on March 14, 2024, about four months ago. Metrics indicate that this is the longest period in bitcoin’s history without a 25% decline during a bull market. In contrast, both the 2017 and 2021 bull markets experienced several […]

Go to Source

Bitcoin prices should ‘logically’ correct in Jan, but crypto’s a ‘wild card’

DIGIT — Mon, 04 Dec 2023 06:17:29 +0000

Bitcoin should “logically” be headed for a “sell-the-news” correction in January, according to analysts, but that doesn’t mean that’s how it’s going to shake out.

Go to Source

Investment Manager Guggenheim Warns of ‘Major Correction’ in Bitcoin

DIGIT — Thu, 22 Apr 2021 02:30:00 +0000

Guggenheim CIO Scott Minerd has warned of a “major correction” in bitcoin in the near term. Claiming that bitcoin is “very frothy,” he is forecasting a 50% decline in the price of the cryptocurrency. Scott Minerd’s Latest Warning About Bitcoin The chief investment officer (CIO) of Guggenheim Partners, Scott Minerd, is back with another bearish […]

Go to Source