CandleFocus Bitcoin Has Fallen Below The Level The Analytics Company Severely Warned About: Here Are Their Current Predictions
2025-02-25
Author: Content Editor
Cryptocurrency analytics firm Alphractal has issued a warning that Bitcoin's price is at a decisive level and needs to hold support above $88,000 to avoid a larger drop. If Bitcoin fails to hold these key levels, potential downside targets are $76,000 and $66,000. The firm points out that the market is currently focused on external news and ignoring critical on-chain signals. Alphractal also highlights concern over the behavior of Short-Term Holders, as data suggests they are slowing down their Bitcoin accumulation, potentially signaling a shift in market sentiment. The firm warns that if certain metrics continue to fall or turn negative, it may indicate a more bearish market.
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