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Tag: Short-Term

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BNB Faces Short-Term Bearish Pressure Despite Ecosystem Growth

In Brief BNB faces bearish pressure despite rising ecosystem interest, down 3% over the past week. DMI shows weak trend strength and growing selling pressure, signaling market indecision. Bearish Ichimoku Cloud setup suggests downside risks, with key support at $629. BNB has been in the spotlight in the last few weeks, with rising trading volume…
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Analysts Worry Bitcoin Price Might Drop to $60,000 in the Short-Term

In Brief Bitcoin analysts predict a potential price drop to $60,000 before a bullish rebound in 2025, citing weak current momentum. Key support levels between $97,000 and $93,800 have been breached, raising concerns of further declines to $70,000 or lower. Investor sentiment shows nervousness, with $3 billion in BTC moved to exchanges and ETF outflows…
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