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Analyst Says Bitcoin Is In The ‘Final Test’, Here’s Where The BTC Price Is Headed Next

NewsBTC LogoNewsBTC13h ago

Analyst Says Bitcoin Is In The ‘Final Test’, Here’s Where The BTC Price Is Headed Next - NewsBTC

Quick Summary:

Bitcoin Symmetrical Triangle Could Trigger A Retest Crypto analyst Xanrox has presented a possible scenario where the Bitcoin price could decline further from here.

Related Reading: Crypto Researcher Reveals Why XRP Price Reaching $1,000 Is Not A Pipe Dream However, as the analyst explains, a retest of the symmetrical triangle that takes the price back down is not entirely a bad thing.

The analyst points to the previous symmetrical triangle that had been formed on the Bitcoin chart with the last decline.

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Analyst Says Bitcoin Is In The ‘Final Test’, Here’s Where The BTC Price Is Headed Next - NewsBTC (Picture 1)

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Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-02 @ 19:00:11 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 436 words

Reading Time: 3 minutes read

Sentences: 67 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 22853269

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About NewsBTC

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 8 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 14 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

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