Analysis Crypto by Thebittimes.Com

Bitcoin (BTC) has plunged more than 7% in a single day, falling to $87,000 on February 25, its lowest level since November 2024. The sharp decline has pushed BTC into a critical risk zone, fueling speculation on whether the breakdown is temporary or signals a deeper correction. In this context, crypto analyst RLinda has highlighted emerging key price levels that could potentially anchor Bitcoin’s next major move.  Technical analysis: Bitcoin key price levels to watch According to the Analysis , Bitcoin is testing a key support range between $89,400 and $90,000, a crucial level that could determine its next major move. The analyst notes that on both daily and weekly timeframes, BTC remains in global consolidation, with the $90,000 to $91,000 zone acting as a strong support level. Picks for you R. Kiyosaki ‘glad’ he bought gold at ...

Solana (SOL) is currently trading in the red, impacted by a general bearish market sentiment, but an analyst has outlined the token’s potential path to new highs. Analysis shared by Ali Martinez in a post on X on September 6 indicated that the decentralized finance (DeFi) token has been trading within a parallel channel since April, consolidating its price between defined support and resistance levels. According to Martinez, Solana’s technical indicators suggest a possible upward movement. Specifically, the TD Sequential indicator, which is used to spot potential trend reversals, signals a possible buy opportunity for the asset, particularly on the daily chart. Picks for you Analyst warns of a Bitcoin bear trap before the spike 40 mins ago ...