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Analyst claims Bitcoin’s decline creates an ideal low: Will BTC rise to $148K?

Analyst claims Bitcoin's decline creates an ideal low: Will BTC rise to $148K?

Key Highlights Bitcoin’s 50-day EMA bounce aligns with a bullish pattern aiming for $148,000. The sell-off of 80,000 BTC by an old whale suggests a third wave of profits, often a precursor to market recovery. Bitcoin has experienced a notable drop of 7.50% following a record high close to $123,250. Analysts believe this decline might […]

Analyst claims Bitcoin’s drop creates ideal low point: Can BTC soar to $148K?

Analyst claims Bitcoin's drop creates ideal low point: Can BTC soar to $148K?

Key Insights Bitcoin’s recent bounce off its 50-day EMA aligns with a bullish pattern aiming for $148,000. The sale of 80,000 BTC by older whales indicates a profit-taking phase, which typically foreshadows a market recovery. Bitcoin (BTC) experienced a 7.50% drop approximately three weeks after it peaked at around $123,250. Analysts suggest this downturn could […]

Ford recalling over 148K vehicles, including F-150, over brake problems

Ford Motor has recalled more than 148,000 vehicles in the U.S. as part of the two recalls, the National Highway Traffic Safety Administration said Thursday. Automakers recall 123,611 vehicles due to fluid leaks that could reduce brake performance and increase stopping distances. This affects certain 2017–18 Ford F-150, Expedition, and Lincoln Navigator models. Dealers are […]