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Showing posts with the label market uncertainty

Bitcoin falls below $90,000 – Key levels to watch for the next move

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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 ...

AI predicts Bitcoin price for February 28, 2025

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The price of Bitcoin (BTC) continues to be weighed down by market uncertainty stemming from the United States’ decision to implement tariffs on Canada, Mexico, and China. With market players warning that these tariffs could have devastating consequences—such as driving up inflation—the leading digital currency has responded with significant capital outflows. As a result, Bitcoin has lost the crucial $100,000 support zone, which was widely seen as a springboard to a new all-time high. Immediate resistance now stands at $100,000.  Picks for you Dogecoin set for 'steep price correction ahead,' warns expert  2 hours ago R.Kiyosaki explains how to get rich with Trump's tariffs 19 hours ago ...