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#btc-support-levels News & Analysis

1 article tagged with #btc-support-levels. AI-curated summaries with sentiment analysis and key takeaways from 50+ sources.

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CryptoBearishNewsBTC · 3h ago6/10
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Bitcoin Moves Into Accumulation Zone That Will Send It On Next All-Time High Run To $250,000

Crypto analyst Aralez projects Bitcoin could reach $250,000 by 2029 after entering an accumulation zone, with an expected bottom around $40,000 before the next bull run. Bitcoin has declined below $71,000 following MicroStrategy's first BTC sale since 2022 and geopolitical tensions over U.S.-Iran negotiations, with technical analysis suggesting further downside to $58,000-$65,000 in the near term.

Bitcoin Moves Into Accumulation Zone That Will Send It On Next All-Time High Run To $250,000
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