NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: REX Shares Claims Its DOGE And XRP Spot ETFs Will Be Approved By US SEC Tomorrow
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: REX Shares Claims Its DOGE And XRP Spot ETFs Will Be Approved By US SEC Tomorrow

Here’s Why This Expert Thinks Bitcoin Prices Might Fall

Denis
Denis
1 year ago
2 mins read
Here's Why This Expert Thinks Bitcoin Prices Might Fall

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The data on Bitcoin price movement shows that it has been struggling. Bitcoin has infrequently gone down to the $18K price in the past three weeks. It mostly maintained the $19K price level in the past week.

It reclaimed the $20K mark on Tuesday last week but returned to its key level. As of Friday, it was trading at a price just above $19K.

Related Reading: Glassnode Report Shows Bitcoin And Ethereum Derivatives Gain Massive Traction

Although the price of Bitcoin has been low, its price movements have been quite steady. The same cannot be said about the majority of other digital assets. The broader crypto market remains uncertain even as investors battle with increasing inflation.

Tighter monetary policy by the Federal Reserve and geopolitical crises are other areas of concern for many investors.

Detail On BTC Price

In the last 30 days, the largest cryptocurrency has remained around the $20K price level. According to experts, this might not be the end of the crash in its price. A report revealed that a price movement warning indicator, Bollinger bandwidth, has gone to its narrowest point. Experts compared the present data from the bandwidth to that of 2020 to discover a 5-time narrowed movement.

Only 1 time, out of the 5, a surge was recorded was its all-time high of $69K in October last year. The remaining 4 times revealed that BTC has dipped by about 16% in the past 20 days.

A swing can probably occur from the present position of BTC. Chances are that this could be a further drop in its price, as per experts’ viewpoint from the narrow Bollinger bandwidth.

Investors still feel uneasy about the crypto market, considering the historic collapse of the native token of Terra LUNA. Besides, the general crypto market is currently trading at a high volatility state in response to the regular market.

Will Bitcoin Recover Soon?

The number of available Bitcoin presently is 2.33 million, which is its 4-year low, according to Glassnode. In the meantime, around $2 trillion is already lost in the global market capitalization dating from November 2021 till now.

Related Reading: Glassnode: Bitcoin Is Currently In “Bear To Bull” Transition Period

Bitcoin has dipped by about 60% in the last year and 1% in the past 1 day. This movement brings its price to approximately $19,500. There’s still a need to watch the market for a possible reversal.

Here's Why This Expert Thinks Bitcoin Prices Might Fall
Bitcoin trends sideways on the chart l BTCUSDT on Tradingview.com

Although the chances are slim, experts suggest that the market could witness a bullish turn in no distant time. All it takes to change Bitcoin’s trading range bottom end is a single piece of news about digital currency regulation.

Meanwhile, the general crypto market still anticipates the release of the United States inflation date slated for October 13.

Featured Image from Pixabay, Charts by TradingView
Tweet123Share196ShareSend
Denis
Denis

Denis

Denis is a passionate writer and editor and he's been writing in finance industry for almost 6 years.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Solana

FalconX Moves 413K Solana Worth $98M – Impact On SOL Price

According to on-chain alerts, FalconX pulled 413,075 SOL from major exchanges over an eight-hour stretch, valued at about $98.4 million....

Christian Encila 3 hours ago
Bitcoin Price Faces Big Test

Bitcoin Price Faces Big Test – Resistance Could Decide Next Move

Bitcoin price is moving higher above $116,500. BTC is now facing hurdles and might gain bullish momentum if it clears...

Aayush Jindal 5 hours ago
hyperliquid-stablecoin-hylq-bets-hype-new-crypto-focus-tw

Hyperliquid引爆穩定幣通路革命 HYLQ策略押注HYPE成新興加密投資焦點

在這個資本與代幣合而為一的時代,炒作已非貶義詞,而是敘事的骨幹。當我們談論Hyperliquid時,不只是提到一個永續合約交易平台,更像是在說一部劇情急轉直下的現代金融劇,主角身上寫著「高槓桿」與「高...

Peter Chow 5 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Coinbase

Coinbase Vs. State Regulators: Crypto Exchange Fights Legal Fragmentation

Ronaldo Marquez 25 minutes ago
Dogecoin Whales

Dogecoin Down 13% As Whales Distribute $181 Million In DOGE

Keshav Verma 1 hour ago
ethereum

Ethereum Close To Local Bottom? Analyst Flags Drop In Binance Open Interest

Ash Tiwari 2 hours ago

Premium Sponsors

Press Releases

  • 3 нискокапитализирани алткойна...

    14 hours ago
  • Топ алткойни за купуване, докато цената на Solana се доближава до исторически връх

    Топ алткойни за купуване, докато...

    17 hours ago
  • Najlepšie altcoiny na kúpu, kým cena Solany dosahuje...

    18 hours ago
  • ドージコイン 今後:ETF上場前の蓄積と価格分析が示す「事実売り」の可能性

    ドージコイン...

    19 hours ago
  • リップル 今後の行方:FOMC前に3ドルを維持、クジラが大量売却

    リップル...

    19 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.