Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Bitcoin breaks $ 109k ATH to enter the price discovery again

2025-05-21

Top reasons why Bitcoin price today, May 21, came in new ATH

2025-05-21

Circle Looking for at least $ 5,000,000,000 for Coinbase Acquisition, possibly Nixing IPO plans: Report

2025-05-21
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Kalp Network Partners with Luffa to stimulate Web3 Privacy and RWA access

    2025-05-21

    Smarter athlete data via PSG Labs and Joint Innovation Studio

    2025-05-21

    Sahara AI launches Siwa Testnet to authorize decentralized AI builders

    2025-05-21

    WalletConnect’s Smart Sessions ‘Redefine’ Wallet UX for Future or AI agents: Founder

    2025-05-21

    Adventure Layer is launched as First Gaming L2 on Berachain

    2025-05-20
  • NFT

    Guild of Guardians leads with a huge volume of $ 796.62k

    2025-05-20

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Bitcoin breaks $ 109k ATH to enter the price discovery again

    2025-05-21

    XRP – Price coil for an outbreak – is the next leg on hands?

    2025-05-21

    Bitcoin Whale places 40x leverage of $ 830 million long position on hyperliquid

    2025-05-21

    JPMorgan Chase CEO warns the stock market witnessing ‘extraordinary amount of complacency’ in the midst of abrupt recovery

    2025-05-21

    Cardano (ADA) in Focus: Can it break this barrier and recover Momentum?

    2025-05-21
  • Learn

    Blockchain Explained: What It Is, How It Works and Why We Need It

    2025-05-21

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Regulation»Analyst Who Solved the Crypto Bottom Problems of 2022 Bitcoin Warning, Says BTC Could Fall Over 35% – Here’s Why
Analyst Who Solved the Crypto Bottom Problems of 2022 Bitcoin Warning, Says BTC Could Fall Over 35% – Here's Why
Regulation

Analyst Who Solved the Crypto Bottom Problems of 2022 Bitcoin Warning, Says BTC Could Fall Over 35% – Here’s Why

2024-01-05No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

A cryptocurrency analyst and trader warns that one event could cause Bitcoin (BTC) to collapse by double digits.

The analyst, pseudonymously known as DonAlt, tells 56,200 subscribers of the TechnicalRoundup YouTube channel that if the U.S. Securities and Exchange Commission (SEC) refuses to approve a spot Bitcoin exchange-traded fund (ETF), BTC could fall by about 37% decrease compared to the current level. .

“We can talk about what happens when we get a denial. It’s quite simple for me. I think this would at least undermine this consolidation [from around $33,000 – $38,000]if not the origin of the movement taking place down here [around $24,000].

So if the ETF is rejected, the market structure here was actually not that favorable [just above $24,000] and the reason why, in my opinion, it went from $27,000 to $28,000 was actually almost entirely the ETF.

So if we get a denial, we return to that area. So that’s the worst case: denial puts us at $27,000, $28,000.”

Bitcoin is trading at $42,796 at the time of writing.

The pseudonymous analyst also says that the approval of spot Bitcoin ETF in the US could also have a bearish impact on BTC.

“An endorsement, a lot of people would say, ‘Hey, an endorsement has to be very bullish.’ I would say we have a lot of it priced in, but in the short term this could lead to some upside.

But I think if you get approval, you might get a spike upwards. I’m not even so sure about that anymore. But you could get a spike to the top that a lot of people would sell to.

See also  The US anti-CBDC bill passes the House Financial Services Committee along party lines

And I think that would also take us a little bit lower… Just move down a little bit towards $38,000, and then creep back above $40,000.”

I

Don’t miss a beat – Subscribe to receive email alerts straight to your inbox

Check price action

follow us on TweetFacebook and Telegram

Surf to the Daily Hodl mix

Generated image: DALLE3



Source link

Analyst Bitcoin Bottom BTC Crypto Fall Heres Problems solved Warning
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin breaks $ 109k ATH to enter the price discovery again

2025-05-21

Top reasons why Bitcoin price today, May 21, came in new ATH

2025-05-21

Circle Looking for at least $ 5,000,000,000 for Coinbase Acquisition, possibly Nixing IPO plans: Report

2025-05-21

Texas Bitcoin Reserve Bill knew the most important legislative obstacles, waiting for the final vote

2025-05-21
Add A Comment

Comments are closed.

Top Posts

Are NFTs back? Vitalik Buterin Mints 400 PatronNFT based

2024-11-19

President Trump’s Crypto -Head Bo Hines says that the White House is in ‘Golden Age for Digital Activa’

2025-04-09

Blockchain technology needs to go (in a good way). Save Explain…

2023-07-21
Editors Picks

Ethereum could be poised to explore new highs as its on-chain metrics light up

2024-11-12

Bitcoin Dominance slides below 50% – Is Altcoin season around the corner?

2025-03-04

Inspect partners with Polygon Labs to improve the NFT ecosystem

2023-05-10

Open-source AI is not the end-alles-play-bringing ai onchain is

2025-05-07
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Bitcoin breaks $ 109k ATH to enter the price discovery again

Top reasons why Bitcoin price today, May 21, came in new ATH

Circle Looking for at least $ 5,000,000,000 for Coinbase Acquisition, possibly Nixing IPO plans: Report

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$108,291.741.56%
  • ethereumEthereum(ETH)$2,502.060.50%
  • tetherTether USDt(USDT)$1.000.02%
  • rippleXRP(XRP)$2.381.42%
  • binancecoinBNB(BNB)$671.643.79%
  • solanaSolana(SOL)$170.401.94%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • dogecoinDogecoin(DOGE)$0.2291902.71%
  • cardanoCardano(ADA)$0.763.08%
  • tronTRON(TRX)$0.267147-1.45%
  • suiSui(SUI)$3.890.83%
  • chainlinkChainlink(LINK)$15.872.42%
  • avalanche-2Avalanche(AVAX)$22.802.53%
  • hyperliquidHyperliquid(HYPE)$28.098.60%
  • stellarStellar(XLM)$0.2910402.05%
  • shiba-inuShiba Inu(SHIB)$0.0000152.02%
  • hedera-hashgraphHedera(HBAR)$0.1964861.87%
  • unus-sed-leoUNUS SED LEO(LEO)$8.840.79%
  • bitcoin-cashBitcoin Cash(BCH)$403.663.48%
  • the-open-networkToncoin(TON)$3.070.39%
  • polkadotPolkadot(DOT)$4.732.71%
  • litecoinLitecoin(LTC)$96.032.63%
  • moneroMonero(XMR)$387.7711.68%
  • bitget-tokenBitget Token(BGB)$5.200.76%
  • piPi(PI)$0.8313.40%
  • pepePepe(PEPE)$0.0000132.58%
  • daiDai(DAI)$1.000.00%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • bittensorBittensor(TAO)$436.925.67%
  • uniswapUniswap(UNI)$6.145.14%
  • aaveAave(AAVE)$246.87-4.40%
  • nearNEAR Protocol(NEAR)$2.823.06%
  • aptosAptos(APT)$5.192.22%
  • okbOKB(OKB)$52.140.30%
  • ondo-financeOndo(ONDO)$0.963.03%
  • kaspaKaspa(KAS)$0.1117932.97%
  • ethereum-classicEthereum Classic(ETC)$18.773.16%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.175.85%
  • internet-computerInternet Computer(ICP)$5.292.55%
  • gatechain-tokenGateToken(GT)$21.691.50%
  • crypto-com-chainCronos(CRO)$0.0971071.21%
  • mantleMantle(MNT)$0.74-0.76%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2375113.22%
  • vechainVeChain(VET)$0.0286432.47%
  • render-tokenRender(RENDER)$4.733.20%
  • ethenaEthena(ENA)$0.3952517.08%
  • usd1World Liberty Financial USD(USD1)$1.000.11%
  • arbitrumArbitrum(ARB)$0.4045524.40%
  • algorandAlgorand(ALGO)$0.2280713.50%
  • filecoinFilecoin(FIL)$2.903.31%
  • bitcoinBitcoin(BTC)$108,291.741.56%
  • ethereumEthereum(ETH)$2,502.060.50%
  • tetherTether USDt(USDT)$1.000.02%
  • rippleXRP(XRP)$2.381.42%
  • binancecoinBNB(BNB)$671.643.79%
  • solanaSolana(SOL)$170.401.94%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • dogecoinDogecoin(DOGE)$0.2291902.71%
  • cardanoCardano(ADA)$0.763.08%
  • tronTRON(TRX)$0.267147-1.45%
  • suiSui(SUI)$3.890.83%
  • chainlinkChainlink(LINK)$15.872.42%
  • avalanche-2Avalanche(AVAX)$22.802.53%
  • hyperliquidHyperliquid(HYPE)$28.098.60%
  • stellarStellar(XLM)$0.2910402.05%
  • shiba-inuShiba Inu(SHIB)$0.0000152.02%
  • hedera-hashgraphHedera(HBAR)$0.1964861.87%
  • unus-sed-leoUNUS SED LEO(LEO)$8.840.79%
  • bitcoin-cashBitcoin Cash(BCH)$403.663.48%
  • the-open-networkToncoin(TON)$3.070.39%
  • polkadotPolkadot(DOT)$4.732.71%
  • litecoinLitecoin(LTC)$96.032.63%
  • moneroMonero(XMR)$387.7711.68%
  • bitget-tokenBitget Token(BGB)$5.200.76%
  • piPi(PI)$0.8313.40%
  • pepePepe(PEPE)$0.0000132.58%
  • daiDai(DAI)$1.000.00%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • bittensorBittensor(TAO)$436.925.67%
  • uniswapUniswap(UNI)$6.145.14%
  • aaveAave(AAVE)$246.87-4.40%
  • nearNEAR Protocol(NEAR)$2.823.06%
  • aptosAptos(APT)$5.192.22%
  • okbOKB(OKB)$52.140.30%
  • ondo-financeOndo(ONDO)$0.963.03%
  • kaspaKaspa(KAS)$0.1117932.97%
  • ethereum-classicEthereum Classic(ETC)$18.773.16%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.175.85%
  • internet-computerInternet Computer(ICP)$5.292.55%
  • gatechain-tokenGateToken(GT)$21.691.50%
  • crypto-com-chainCronos(CRO)$0.0971071.21%
  • mantleMantle(MNT)$0.74-0.76%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2375113.22%
  • vechainVeChain(VET)$0.0286432.47%
  • render-tokenRender(RENDER)$4.733.20%
  • ethenaEthena(ENA)$0.3952517.08%
  • usd1World Liberty Financial USD(USD1)$1.000.11%
  • arbitrumArbitrum(ARB)$0.4045524.40%
  • algorandAlgorand(ALGO)$0.2280713.50%
  • filecoinFilecoin(FIL)$2.903.31%