COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Bitcoin Faces Critical Levels After Recent Decline, Analyst Evaluates Possible Scenarios 
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Bitcoin (BTC) > Bitcoin Faces Critical Levels After Recent Decline, Analyst Evaluates Possible Scenarios 
Bitcoin (BTC)

Bitcoin Faces Critical Levels After Recent Decline, Analyst Evaluates Possible Scenarios 

In Brief

  • The leading cryptocurrency, Bitcoin (BTC), after climbing to $30,400 levels in the afternoon, fell again in the evening, starting to trade at $30,230 levels. ContentsBitcoin’s Current Situation Analyst Points to Critical Price Levels  Bitcoin’s Current Situation  An analyst evaluating this latest situation in Bitcoin pointed to possible price levels that could play a critical role for […]
İlayda Peker
İlayda Peker 2 years ago
Share
SHARE

The leading cryptocurrency, Bitcoin (BTC), after climbing to $30,400 levels in the afternoon, fell again in the evening, starting to trade at $30,230 levels.

Contents
Bitcoin’s Current Situation Analyst Points to Critical Price Levels 

Bitcoin’s Current Situation 

An analyst evaluating this latest situation in Bitcoin pointed to possible price levels that could play a critical role for BTC in the near term. 

In the afternoon, the leading cryptocurrency Bitcoin (BTC), which rose to $30,400 price levels, fell again in the evening and started trading at $30,230 price levels. The cryptocurrency market turned its direction downwards due to the value losses in BTC. The total market value of the crypto ecosystem, according to CoinMarketCap (CMC) data, has receded to $1.18 trillion levels. Ethereum (ETH), which recorded a loss of over 1.2% in the last 24 hours, started trading at $1865 price levels. 

Analyst Points to Critical Price Levels 

Crypto analyst Michaël van de Poppe, in a series of shares from his Twitter account, evaluated the current technical outlook in Bitcoin and pointed to possible price levels that could play a critical role for BTC in the near term. 

In a series of posts from his Twitter account, analyst Michaël van de Poppe emphasized the $30,200 price level. Suggesting that Bitcoin has reached the bottom price levels in the near term, the analyst stated that if the $30,200 price levels are exceeded, BTC could start rising to the next resistance levels. 

On the other hand, the analyst also evaluated the current situation in the total market value of the crypto ecosystem. Assessing the current levels of the total market value of the crypto industry positively, the analyst stated that the market might be preparing for a new rise and that the high price movements recorded in the last 24 hours did not change the market structure. 

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Moscow Stock Exchange Introduces New Bitcoin Trust Futures

Bitcoin Surges: What Will Drive Prices to New Peaks?

Swedish Health Tech Firm Secures Significant Funding with a Dynamic Financial Strategy

Elon Musk Sparks Bitcoin Surge as U.S. Spending Bill Creates Tensions

Bitcoin Enthusiasts React as Profit-Taking Gains Momentum

İlayda Peker 8 July, 2023 - 5:58 pm 8 July, 2023 - 5:55 pm
Share This Article
Facebook Twitter
Share
İlayda Peker
By İlayda Peker
Follow:
Uluslararası İlişkiler ve Siyaset Bilimi Mezunu, Kitap sever.
Previous Article Binance Witnesses a Significant Influx of Crypto Assets in Hours 
Next Article BlackRock’s Bitcoin ETF Application Boosts Institutional Bitcoin Assets, Signifying Positive Market Outlook
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Watch Crypto Cycles Clash with Global Policies for Unprecedented Market Moves
Cryptocurrency News
Trump Talks Ease Political Tensions as Coinbase Unveils New Altcoin
Cryptocurrency News
Cryptocurrency Forecasts Captivate Audiences Worldwide
Cryptocurrency News
Ethereum’s Potential Surge Captivates Enthusiasts: A Closer Look
Ethereum (ETH)
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?