The post Bitcoin (BTC) Price Faces Weekly Death Cross: Will $24k Be the New Support Level? appeared first on Coinpedia Fintech News
Bitcoin (BTC) price has been trading within the range of $25.6k to $26.1k, leading to increased short-term uncertainties. Grayscale Investments’ influence on crypto volatility has waned, notably after the U.S. SEC postponed the approval of several Bitcoin ETFs. However, Grayscale Investments’ legal team has urged the SEC to expedite spot Bitcoin ETF approval, citing a lack of grounds for delay.
Analyst Perspectives on Short-Term Bitcoin Price Movements
$BTC / $USD – Update
This roadmap only looks clearer to me as time goes on. Dip to $25,000 –> Spike up to $28,500 then down to $20,000 for the final correction pic.twitter.com/SiZxM1NCKp
— Crypto Tony (@CryptoTony__) September 6, 2023
Crypto Tony, a prominent digital assets analyst, anticipates a potential dip to $25k for Bitcoin in the near future, followed by a temporary support level and a
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