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Bitcoin Headed To $69,000? Analyst Says BTC’s Short-Term Future Hangs On These Levels

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Bitcoin Headed To $69,000? Analyst Says BTC’s Short-Term Future Hangs On These Levels - NewsBTC

Quick Summary:

In the early hours of Monday, the largest cryptocurrency by market capitalization continued bleeding toward the $74,500 support zone before bouncing.Amid the 9.1% correction, Bitcoin registered its lowest trading price in five months, touching November 6 levels.

Related Reading: Bitcoin Goes Beast Mode—Mining Power Tops 1 Zetahash In First-Ever Surge He concluded that "turning this level into a confirmed resistance would send price into additional downside continuation,” which targets the pre-halving highs price range between $69,000 and $72,000.

Bitcoin Hits 5-Month Lows Bitcoin ended the week with a price drop below the $80,000 support zone, closing Sunday below the $78,500 mark.

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Bitcoin Headed To $69,000? Analyst Says BTC’s Short-Term Future Hangs On These Levels - NewsBTC (Picture 1)Bitcoin Headed To $69,000? Analyst Says BTC’s Short-Term Future Hangs On These Levels - NewsBTC (Picture 2)

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Article Details

Author / Journalist: Rubmar Garcia

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-08 @ 08:00:47 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 557 words

Reading Time: 4 minutes read

Sentences: 82 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 27716766

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About NewsBTC

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 6 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 8 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

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