BREAKING
313d 15h ago

70% Chance BTC Prices Will Bottom Out by June, Reveals Nansen’s Chief Analyst

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

In a recent statement, Aurelie Barthere, Chief Research Analyst at Nansen, highlighted intriguing market dynamics for cryptocurrencies. According to Nansen’s analytical data, there is a striking 70% probability that the prices of major cryptocurrencies may find their lowest point before June. Currently, Bitcoin (BTC) and Ethereum (ETH) are trading at approximately 15% and 22% below their respective peaks recorded earlier this year. These price movements are pivotal, as forthcoming discussions on tariff negotiations are expected to serve as significant market indicators. Once these discussions reach a resolution, a more defined opportunity for cryptocurrencies and broader risk assets to stabilize may arise. Investors should monitor these developments closely, as they could indicate future trends in digital asset valuations.

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