This Bitcoin Price Level Must Hold Or It’s Mid-$50,000s: Veteran Analyst

Bitcoin’s April 2025 swing low around $73,000 has

This Bitcoin Price Level Must Hold Or It’s Mid-,000s: Veteran Analyst

This Bitcoin Price Level Must Hold Or It’s Mid-$50,000s: Veteran Analyst

Bitcoin’s April 2025 swing low around $73,000 has become the make-or-break line for 2026, according to veteran professional trader and commentator Nik Patel, who argues that a higher-timeframe break below that level would likely open the door to a prolonged grind in the mid-$50,000s.“This has not changed and I place less weight on MAs, VWAPs

Bitcoin price analysis | Source: X @cointradernik
Bitcoin remains trapped between the 0.618 and 0.786 Fib, 1-week chart | Source: BTCUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

About Author

Leave a Reply

Your email address will not be published.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

Please enter CoinGecko Free Api Key to get this plugin works.