Bitcoin Wobbles Around $100,000: What Is Technical Analysis Saying?
Posted On January 27, 2025
Bitcoin (CRYPTO: BTC) is struggling on Monday but cryptocurrency traders remain unfazed, betting on long-term bullish trends to outweigh short-term concerns.
| Cryptocurrency | Price | 24-Hour Trend | 7-Day Trend |
| Bitcoin (CRYPTO: BTC) | $101,168 | -3.7% | -2.6% |
| Ethereum (CRYPTO: ETH) | $3,132 | -6.0% | -6.5% |
| XRP (CRYPTO: XRP) | $2.99 | -4.5% | -5.6% |
Trader Notes: Despite the current noise, Crypto trader Degen Hardy points out that Bitcoin is still within its typical range, similar to prior bull markets.
He believes that the 4-year cycle indicates more time before reaching the top, and history shows that Bitcoin can drop by 30% before its next big upward move.
Hardy remains confident, saying, “A dip to $70,000? Still …
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