Bitcoin (BTC) $76,676.64 -0.54%
Ethereum (ETH) $2,124.82 0.26%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 84.935901 -0.10%
Dogecoin (DOGE) $0.10 -2.33%
Cardano (ADA) $0.25 0.26%
Chainlink (LINK) $9.62 1.19%
Litecoin (LTC) $54.24 0.33%
Dash (DASH) $42.90 5.86%
Polygon (MATIC) 0.25693 2.45%
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Cryptocurrencies: 28960

Markets: 114116

Market Cap: $2,557,594,794,866

24h Vol: $95,209,059,350

CoinGape

2021-02-11 03:22:51

Bitcoin Price Forecast: BTC risks free fall to $38,000 ahead of massive rally to $51,000

Bitcoin Price Forecast: BTC risks free fall to $38,000 ahead of massive rally to $51,000

Bitcoin rejected at $48,000 (all-time high), forcing bulls to seek support above $43,000. Some technical indicators suggest that the correction has just begun; thus, BTC could fall to $38,000. A golden cross on the 4-hour chart could invalidate the downtrend, allowing Bitcoin to resume the uptrend toward $51,000. Bitcoin surprised many following the recent spike The post Bitcoin Price Forecast: BTC risks free fall to $38,000 ahead of massive rally to $51,000 appeared first on Coingape.

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