Bitcoin's 2-year trend is about to collapse: Will bulls defend $90K?
Market Intelligence Analysis
AI-PoweredBitcoin is facing significant pressure as it has lost key support levels, leading to concerns about a potential collapse in its two-year trend. Short-term investors are reportedly experiencing capitulation-level losses, which could signal a deeper downturn in the price of BTC.
Market impact analysis based on bearish sentiment with 83% confidence.
Article Context
Bitcoin lost multiple critical support areas as data show short-term investors holding on to capitulation-level losses, raising fears of a deeper breakdown in BTC price.
Analysis and insights provided by AnalystMarkets AI.