Bitcoin analyst gives ‘final warning’ before ‘major crash’ to this low
A cryptocurrency analyst has warned that key fundamentals and technical indicators are signaling a possible major downturn for Bitcoin (BTC) despite the leading digital asset attempting to push further above $60,000. Alan Santana noted that the primary signal for the correction lies in Bitcoin’s repeated failure to sustain key support levels, particularly the 200-day moving average, which closed below in late September, he said in a TradingView post on October 5. At the same time, Bitcoin has been trapped in a descending channel, forming lower highs and lower lows since early April. The most recent touch of the upper trendline, around the $65,000 mark, was followed by another downturn, indicating further bearish pressure. Picks for you One Ethereum rival to turn $100 into $1,000 in 2025 33 mins ago ...