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This Analyst Predicted The Bitcoin Price Crash From $91,000, Why It’s Far From Over

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This Analyst Predicted The Bitcoin Price Crash From $91,000, Why It’s Far From Over - NewsBTC

Quick Summary:

The TradingView analyst asserts that the price zone with the most interest and liquidity is $73,000 – $66,000.  Related Reading: Legendary Analyst Peter Brandt Lists 6 Reasons Bitcoin Has Flipped Bullish While a breakdown to $66,000 may seem like a steep decline, it could serve as a critical area for market stabilization.

A correction phase, like the one Bitcoin is currently experiencing, may allow liquidity to reset and prepare the market for future upward movements.  BTC Key Resistance And Support Zones  RLinda has pinpointed key resistance and support levels for the Bitcoin price, sharing insights into potential reversal points.

The TradingView analyst has highlighted $73,000 as the primary crash target, citing that Bitcoin is currently in a deep correction phase.  With global growth temporarily suspended, RLinda revealed that the market is in dire need of liquidity.

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Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-10 @ 16:00:07 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 453 words

Reading Time: 3 minutes read

Sentences: 71 lines

Sentence Length: 7 words per sentence (average)

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

Copyright Owner: © NewsBTC

News ID: 26846209

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 7 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 11 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Website Security: Secure (HTTPS)

Publisher ID: #102

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