Bitcoin at Risk: Analysts Warn of Fall to $50K
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Bitcoin price analysis saw $84,000 as bulls' "most critical" reclaim target as the risk of new $50,000 lows returned to the radar.
Bitcoin (BTC) is approaching its “most critical” resistance hurdle of the bear market, new BTC price analysis says.
Bitcoin has arguably its most important resistance battle at $84,000.
A failure to reclaim a 200-day trend line opens up the road down to $50,000 lows, warns analysis.
The bull market support band needs to hold in the event of a corrective phase.
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