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#wedge-pattern News & Analysis

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CryptoBearishNewsBTC · 2h ago7/10
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Bitcoin Could Enter Freefall If This Level Cracks: Analyst

Bitcoin's ability to hold a 9-year support trendline around $70,000 is being tested, with analyst MichaelXBT warning that a breakdown could trigger a significant sell-off. However, veteran analyst Michaël van de Poppe views current weakness as routine portfolio rebalancing rather than a structural breakdown signal.

Bitcoin Could Enter Freefall If This Level Cracks: Analyst
$BTC