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Traders say Bitcoin still due for ‘next leg lower’ targeting $46K BTC price

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Traders say Bitcoin still due for ‘next leg lower’ targeting $46K BTC price
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TL;DR:

BTC price action looked weaker after Sunday's weekly close below the 200-week MA, with Bitcoin market participants bracing for lower levels.

Key Points:

  • Traders say Bitcoin still due for ‘next leg lower’ targeting $46K BTC price - TradingView
  • Story reported by 3 sources including Traders say Bitcoin still due for ‘next leg lower’ targeting $46K BTC price
  • Involves BTC cryptocurrency
  • Background:

    Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

    Why It Matters:

    This development could influence BTC price action and market sentiment in the near term.

    Traders say Bitcoin still due for ‘next leg lower’ target... | NewsCR