Bitcoin Falls Below $109K — What’s Next for BTC?
Explore the provided link to ensure a consistent profit in Binance futures trading: https://telegram.me/binancefuturesignal
Bitcoin bulls are still feeling the heat from a giant liquidation cascade — how much can they lose before a BTC price rebound kicks in?
Bitcoin is teasing a breakdown below old all-time highs at $109,300 — where will BTC price action head next?
Crypto traders are ready with BTC price targets as bulls nurse a 13% pullback from all-time highs.
Bitcoin’s key trendlines in danger
Bitcoin’s latest dive took BTC/USD below previous all-time highs first seen in January 2025.
That psychological level now hangs in the balance, but is not the only nearby level that observers are concerned about.
Various simple (SMA) and exponential (EMA) moving averages risk getting flipped from support to resistance as price struggles to halt its decline.
“BTC has broken below the 100 EMA on the daily chart. That’s not a good sign and could open the door for a deeper correction toward $103K,” popular trader Cryptorphic warned in an X post Tuesday.
The infrastructure of the Binance Futures platform mirrors that of their spot trading exchange, Binance.
Integrating our Cornix trading Bots with your Binance Futures account is a swift and straightforward process. Configuration takes only a few minutes, and importantly, you won’t need to grant withdrawal permissions to anyone.
Leverage the Binance Futures Cornix trading Bot for daily profits.
Comments
Post a Comment