Bitcoin could crash to $40,000, according to trading expert
Bitcoin’s (BTC) ongoing correction below $100,000 could extend to $40,000 based on technical indicators, as highlighted by a trading expert. According to Alan Santana, Bitcoin has exhibited a ‘lower high’ formation that could foreshadow a continuation to a ‘lower low’ in the asset’s price trajectory, as per his Analysis shared in a TradingView post on January 8. Bitcoin price analysis chart. Source: TradingView The downward trend has been developing over the past month, with a strong bearish day on January 7 marking the highest volume since December 5. This drop confirmed the formation of a lower high, raising concerns about a potential crash. Picks for you XRP price prediction for Trump’s Inauguration Day 44 mins ago ...