Close Menu
ApeWatcher News
  • Home
  • Advertise
  • Headlines
  • Crypto
    • News
    • Bitcoin
    • Ethereum
    • Altcoin
    • View All
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Rates
  • Videos
  • Listing Platform
  • BSC
  • ETH
  • Listing Platform
  • BSC
  • ETH
What's Hot

Fireblocks Reveals 90% of Industry Participants Are Actively Engaging With Stablecoins

May 19, 2025

Your Social Engagement into Reputation

May 19, 2025

$107K fakeout or new all-time highs? 5 things to know in Bitcoin this week

May 19, 2025
X (Twitter) Telegram
  • Listing Platform
  • Home
  • BSC
  • ETH
Advertise
X (Twitter) Telegram
ApeWatcher News
  • Headlines
  • Crypto
    1. News
    2. Bitcoin
    3. Ethereum
    4. Altcoin
    5. View All

    Fireblocks Reveals 90% of Industry Participants Are Actively Engaging With Stablecoins

    May 19, 2025

    $107K fakeout or new all-time highs? 5 things to know in Bitcoin this week

    May 19, 2025

    Yields on 30-Year T-Bills Breach 5% as Moody’s Cuts U.S. Rating to Aa1 From Aaa

    May 19, 2025

    Major Crypto Firms Spending Millions on Personal Security

    May 19, 2025

    $107K fakeout or new all-time highs? 5 things to know in Bitcoin this week

    May 19, 2025

    How to read a Bitcoin liquidation map (without getting liquidated)

    May 19, 2025

    ‘Sats’ vs ‘bits’ debate reignites amid proposal to change Bitcoin base unit

    May 19, 2025

    Metaplanet scoops 1,004 Bitcoin in 2nd-biggest buy ever

    May 19, 2025

    Vitalik Buterin proposes partially stateless nodes for Ethereum scaling

    May 19, 2025

    Bitcoin impulse move toward new highs sets a fire under HYPE, ETH, XMR and AAVE

    May 19, 2025

    ‘History Rhymes’ – Analyst Sees Ethereum Sparking 2020-Style Rallies, Outlines Path to New All-Time High for Solana

    May 19, 2025

    There can never be too many L2s

    May 18, 2025

    Altcoins are on the verge of ‘most powerful rally’ since 2017 — Analyst

    May 16, 2025

    XRP price path to $3.40 remains intact — Here is why

    May 16, 2025

    Judge’s settlement rejection has no effect on legal victory

    May 16, 2025

    The emergence of Sonic and what it means for DeFi: Report

    May 16, 2025

    Fireblocks Reveals 90% of Industry Participants Are Actively Engaging With Stablecoins

    May 19, 2025

    Your Social Engagement into Reputation

    May 19, 2025

    $107K fakeout or new all-time highs? 5 things to know in Bitcoin this week

    May 19, 2025

    Yields on 30-Year T-Bills Breach 5% as Moody’s Cuts U.S. Rating to Aa1 From Aaa

    May 19, 2025
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Videos

    Top Crypto Coins Made in USA That Will SURGE By Summer 2025

    May 18, 2025

    Cryptocurrency Explained: 101 Beginner's Guide For 2025!!

    May 18, 2025

    3 Crypto Coins Getting Ready to EXPLODE! “This Will Shock People”

    May 17, 2025

    Bessent Revealed ALL: Trump's Crypto Plans & Trade Deals!

    May 17, 2025

    SOLANA WILL PUMP ON THIS DATE ($5 BILLION FTX PAYOUT)

    May 17, 2025
ApeWatcher News
Home » Top Analyst Issues Bitcoin Warning, Says BTC at Last Line of Defense Before Colossal Breakdown
Top Analyst Issues Bitcoin Warning, Says BTC at Last Line of Defense Before Colossal Breakdown
Bitcoin

Top Analyst Issues Bitcoin Warning, Says BTC at Last Line of Defense Before Colossal Breakdown

The Daily HodlBy The Daily HodlJune 24, 20240 ViewsNo Comments
Share
Facebook Twitter LinkedIn Pinterest Email

A crypto analyst who nailed the 2022 Bitcoin bottom is warning that BTC is in danger of witnessing a massive breakdown.

In a new video update, pseudonymous analyst DonAlt tells his 60,100 YouTube subscribers that BTC is at risk of losing all bullish momentum.

The crypto strategist says that Bitcoin will likely go through a capitulation event if BTC bulls fail to defend support at $63,000.

“I was actually a fan of $60,000 [support] for quite a while. It’s just [BTC] tested it too many times, and now we’ve tested it so many times that I think it’s sh*t, not worth dealing with. 

[$63,000] is basically the last line of defense before we would retest $60,000, and I think $60,000 would just go, honestly. We break [$63,000] I think $60,000 would just roll over. Maybe you get one daily green and people get super excited but then the next day or two or maybe the week after, I think it would just colossally break down…

You should never underestimate the last support. It’s something that I’ve said before just because that’s where all the activity is going to be around.” 

DonAlt previously noted that $63,000 is a “do-or-die” level for Bitcoin and if it breaks, BTC will likely plummet to $50,000. But if the support area holds, he predicts that Bitcoin will print new all-time highs.

At time of writing, Bitcoin is trading at $62,152, below the analyst’s support level.

 
Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Follow us on X, Facebook and Telegram

Generated Image: DALLE3



Read the full article here

Follow us on Google News to get the latest Updates

 
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

$107K fakeout or new all-time highs? 5 things to know in Bitcoin this week

May 19, 2025

How to read a Bitcoin liquidation map (without getting liquidated)

May 19, 2025

‘Sats’ vs ‘bits’ debate reignites amid proposal to change Bitcoin base unit

May 19, 2025

Metaplanet scoops 1,004 Bitcoin in 2nd-biggest buy ever

May 19, 2025

Australian feds seize mansion, Bitcoin allegedly linked to crypto exchange hack

May 19, 2025

Bitcoin notches record weekly close after highest-ever daily close candle

May 19, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Articles

Fireblocks Reveals 90% of Industry Participants Are Actively Engaging With Stablecoins

May 19, 2025

Your Social Engagement into Reputation

May 19, 2025

$107K fakeout or new all-time highs? 5 things to know in Bitcoin this week

May 19, 2025
ApeWatcher News
X (Twitter) Telegram
  • Privacy Policy
  • Sources
  • Terms and Conditions
  • Contact
  • Advertise
© 2025 Ape Watcher News

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