Bitcoin Price Could Nosedive If It Continues To Struggle Below $31K

Sponsored
Sponsored
Bitcoin price is moving lower below the $30,500 pivot level. BTC could decline heavily if there is a close below the $29,800 support zone in the near term. Bitcoin is moving lower below the $30,500 support zone. The price is trading below $30,500 and the 100 hourly Simple moving average. There was a break below a contracting triangle with support near $30,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could extend its decline if it stays below $31,200 for a long time. Bitcoin Price Shows Bearish Signs Bitcoin price moved into the red
Sponsored

Go to Source
Author: coinmaker

Sponsored
kryptonew

Share
Published by
kryptonew

Recent Posts

Stablecoin bill could slip into May as bank lobbying intensifies

The stablecoin bill could miss its expected April review as banks press Congress to tighten…

5 minutes ago

LayerZero dispute deepens after $290 million rsETH bridge drain

Kelp DAO is challenging layerzero‘s account of a $290 million rsETH bridge exploit, arguing the…

6 minutes ago

LayerZero hack tied to KelpDAO’s reported $290 million loss

KelpDAO reportedly lost nearly $290 million in a major incident tied to layerzero hack concerns.…

6 minutes ago

The Nordic Blockchain Conference (NBC2026) returns to Stockholm on May 26-27th

Nordic Blockchain Conference returns to Stockholm for its 8th edition, highlighting the future of digital…

3 hours ago

USA AI Summit LLC Announces the Launch of the USA AI Summit 2026 in Manhattan

The Future of Intelligence Takes Center Stage at New York’s Premier Gathering of Global AI…

3 hours ago

Phoenix Finance Partners With ENI To Advance RWA Yield Stablecoin Trading With Scalable, Cross-Chain Executions

As part of efforts to advance decentralized network execution and cross-chain transfers, Phoenix Finance, a…

3 hours ago

This website uses cookies.

Read More