Odaily Planet Daily News Independent research provider Fairlead Strategies founder Katie Stockton said that due to technical signals indicating that BTC has been "overbought" in the recent Increase, BTC looks likely to experience a double-digit decline. In a report to clients on Tuesday, she predicted that the world's largest Cryptocurrency will weaken further in the near future, despite its rebound earlier this week to levels above $100,000. Stockton predicts that BTC is expected to find support around $84,500, which means that in the next decline, BTC will fall another 13% from its current level. She also added that BTC may find secondary support at the $73,800 level, which means that if the decline exceeds expectations, the Token could fall by as much as 25%. Nevertheless, Stockton said that in the long run, she still bullish on BTC and pointed out that a strong long-term background could support Cryptocurrency throughout 2025. (businessinsider)
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Analista: Um forte pano de fundo de longo prazo pode apoiar a criptomoeda ao longo de 2025
Odaily Planet Daily News Independent research provider Fairlead Strategies founder Katie Stockton said that due to technical signals indicating that BTC has been "overbought" in the recent Increase, BTC looks likely to experience a double-digit decline. In a report to clients on Tuesday, she predicted that the world's largest Cryptocurrency will weaken further in the near future, despite its rebound earlier this week to levels above $100,000. Stockton predicts that BTC is expected to find support around $84,500, which means that in the next decline, BTC will fall another 13% from its current level. She also added that BTC may find secondary support at the $73,800 level, which means that if the decline exceeds expectations, the Token could fall by as much as 25%. Nevertheless, Stockton said that in the long run, she still bullish on BTC and pointed out that a strong long-term background could support Cryptocurrency throughout 2025. (businessinsider)