Bitcoin (BTC) Reaching Its ‘Breaking Point’ Before Major Capitulation, Says Crypto Analyst Nicholas Merten
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Crypto analyst Nicholas Merten is warning that Bitcoin (BTC) is inches away from a “breaking point” which could cause a major capitulation event. In a new video update, Merten tells his 511,000 YouTube subscribers that what has historically been a “buy-the-dip” support level for Bitcoin is now disintegrating. “The fact that we are well suspended and not even coming up to retest those 200-days (moving average), as well as the 200-week , is a big worrying sign here. And when we just zoom out here you can start to see what I mean here as the 200-week usually was
The world’s richest non-exchange Bitcoin (BTC) whale is adding more of the flagship crypto asset as the market rebounds. The wallet has added 806 BTC over the past seven days as the price of Bitcoin... [[ This is a content summary only. Visit my website for full links, other content,…
A closely followed crypto analyst is identifying three catalysts that could lead to a reversal of Bitcoin (BTC) as the benchmark cryptocurrency hovers below $20,000. In a new strategy session, the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go…