
CryptoQuant analyst warns Bitcoin could crash to $50,000
- —BTC's rally peaked at about $86,000 on September 21
- —Correction target zone is $46,000–55,000, sell signal below $75,000
- —Bearish MACD divergences and overbought RSI point to a top
- —Glassnode flags resistance at $84,000–85,000
Why it matters: The call sets reference levels for traders: confirmation of a reversal below $75,000 could accelerate profit-taking.
Source: BeInCrypto RU
More on this
Markets · Sep 29Analyst warns U.S. midterm elections could spark 'Bitcoin dump'
Markets · Sep 22CryptoQuant: Bitcoin Could Accelerate Rally Above $88,761 Two-Year Average
Markets · yesterdayCryptoQuant warns bitcoin correction may be near as traders' unrealized profit hits 21-month high