Bitcoin Price Volatile: Analyst Dem Warn Say E Fit Fall Below Di Key Support As Market Dey React to US-China Trade Wahala
Bitcoin (BTC) dey face di heighten market wahala, as many crypto analysts dey warn say e fit fall sharply. At di start, Justin Bennett tok say if e break below important support around $106,000, e fit make e price drop up to double-digit percent, based on technical tori and say USDT dey rise, wey be bad sign for Bitcoin and Ethereum (ETH). Later, Altcoin Sherpa joke say e fit drop to $50,000 by year end, but still dem dey cautious cos market no straight. Di recent sharp price waka partly come from Donald Trump comment on US-China trade, wey make Bitcoin fall from $106,000 go as low as $103,100, with current support around $104,000. Another analyst, Titan of Crypto, warn say e get chance more drop go $102,700 if dat support no hold. Both analysts talk say if these critical levels break, selling pressure go increase, and price go fall more. Right now, Bitcoin dey trade near $103,700, down 2% for last 24 hours. Crypto traders been advice to watch support levels, key technical indicators, and global economic events well for trading chances. Di main keywords be ‘Bitcoin price crash’, ‘market volatility’, and ‘cryptocurrency’.
Bearish
Both summaries dey show say na bearish outlook dey for Bitcoin, as plenty analysts dey warn say if di current support levels break, big risk dey for downside. Technical analysis highlight say selling pressure dey come, with di recent macroeconomic and geopolitical developments—especially di US-China trade tensions—wey dey add uncertainty and cause price to drop. Di increase in USDT dominance and shape from top analysts show say capital dey rotate out from cryptocurrencies, wey dey reinforce negative sentiment. Unless Bitcoin fit recover di lost support zones, market likely go see more decline and higher volatility, marking say bearish environment dey for both short and possibly medium term.