Bitcoin Forecast: BTC crashes 20% – Will price hold $110K support?
Source Fxstreet
Bitcoin crashed 20% on Friday to $102,000 before recovering above $112,000. Will BTC hold critical support at $110,000 and $112,500, or retest the $100,000 milestone?
We analyze key resistance zones ($115K-$117.5K), US Spot Bitcoin ETF outflows ($4.5M), whale activity, and technical indicators to forecast Bitcoin's next move.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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Bitcoin drops below $110K ahead of $22B options expiry; altcoins tumbleBitcoin fell below the $110,000 mark on Friday, heading for a steep weekly loss as nearly $22 billion in cryptocurrency options were set to expire. The drop also comes as traders await key U.S. inflation data that could influence the Federal Reserve’s policy outlook.
Bitcoin fell below the $110,000 mark on Friday, heading for a steep weekly loss as nearly $22 billion in cryptocurrency options were set to expire. The drop also comes as traders await key U.S. inflation data that could influence the Federal Reserve’s policy outlook.
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