• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Bitcoin Reaches New High, Analyst Warns of Risks

user avatar

by Giorgi Kostiuk

12 hours ago


Bitcoin continues to set new records, but some analysts express pessimistic forecasts regarding its future growth.

New All-Time High for Bitcoin

Bitcoin has reached a new all-time high (ATH) after a prolonged period of instability. Recently, discussions of a potential rally have intensified as the cryptocurrency has shown significant growth.

Analyst Warnings

Veteran analyst Peter Brandt stated that while he expects a long-term rise in Bitcoin, confidence in this is currently lacking. According to him, the level of $107,000 is critically important, and a drop below it could significantly change the outlook for the cryptocurrency. Brandt noted that a potential collapse could signal a trend reversal.

Understanding the Expanding Inverted Triangle?

An expanding inverted triangle is a type of price pattern characterized by increasing price fluctuations over time. It may signal market instability and precede significant downturns. Brandt highlighted the presence of such a pattern in Bitcoin charts, which raises additional concerns.

Despite analysts' warnings, interest in Bitcoin continues to grow. Investors should closely monitor key levels and potential market shifts.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Dogecoin Experiences 10% Rise Driven by Whale Interest and Technical Signals

chest

Dogecoin shows a 10% increase fueled by significant whale buying and positive technical indicators.

user avatarGiorgi Kostiuk

Robinhood Announces Launch of Ethereum and Solana Staking for Users in the U.S.

chest

Robinhood launches staking for Ethereum and Solana in the U.S. with a minimum investment of $1, increasing accessibility for retail investors.

user avatarGiorgi Kostiuk

Brazil's Economic Independence: Lula Responds to U.S. Tariffs

chest

Brazil's President Lula affirms economic independence in response to U.S. tariffs, with no immediate impact on the cryptocurrency market.

user avatarGiorgi Kostiuk

OpenAI Under Threat: Midas Project Accuses of Tax Law Violations

chest

Midas Project files a complaint against OpenAI, accusing it of conflicts of interest and potential tax law violations.

user avatarGiorgi Kostiuk

Jonathan Gould to Lead Office of the Comptroller of the Currency Following Senate Confirmation

chest

Jonathan Gould has been appointed as the head of the Office of the Comptroller of the Currency (OCC), a significant move for financial regulation in the US.

user avatarGiorgi Kostiuk

Bitcoin Rises Above $117,000 Amid Short Position Liquidations

chest

Bitcoin reached an all-time high of $117,000 due to $1.17 billion in liquidations over 24 hours, surpassing Google's market cap.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.