The likelihood of a Bitcoin correction to $70,000 has increased, but one analyst said the price drop would confirm a macroeconomic reset, rather than the start of a new bear market.
Bitcoin and altcoin rallies are being capped by heavy selling near the intraday range highs, leading some analysts to revise their end-of-year price estimates. What do technical charts say?
Bitcoin took out liquidity at the Wall Street open as a move above $90,000 was followed by a snap retracement, liquidating late long and short entries.
Bitcoin ETFs, corporate treasuries and macro tailwinds are challenging BTC’s traditional four-year cycle, which could result in new all-time highs in 2026.
SOL traded 52% lower than its $255 highs reached on Sept. 18, as onchain data and a bearish pattern suggested that SOL investors risked further losses.