The Bitcoin price had another rollercoaster performance in the past week, surging to over $113,000 by mid-week before crashing back down to around $107,000. While the premier cryptocurrency’s price action has steadied in the past few days, market uncertainty still seems to be the order of the day.
However, the Bitcoin price seems to be leaning more toward a bearish setup, as suggested by the negative shift of a relevant technical indicator on a longer timeframe. Below is what happened to the price of BTC the last four times this indicator flipped bearish.
BTC Price At Risk Of 70% Correction: Analyst
In an October 24 post on the social media platform X, crypto analyst Ali Martinez put forward a bearish outlook for the price of Bitcoin. The online pundit revealed that the market leade

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