Bitcoin

3 Reasons Why Bitcoin Risks Falling Below $90K: Godbole

BTC traders purchase protective put options in response to Monday’s 5% decline.

The Coinbase premium indicator highlights a decline in demand for Bitcoin in the U.S. market.

The daily chart reveals a bearish RSI divergence, signaling potential weakness in price momentum.

Bitcoin Slides Near $94K, but Short-Term Bullish Target of $100K BTC Unchanged

A bitcoin-led crypto market correction continued into its third day as the asset lost a further 3.5% in the past 24 hours.

However, bitcoin tends to bounce back when short-term holders sell at a loss. And some say this creates a buying opportunity for traders at current levels.

It’s a ride that some expect to be packed with market volatility.