Bitcoin Price Faces Bearish Deviation Amid CME Gap Filling
- Bitcoin’s price remains below $100,000 due to a market downtrend.
- The cryptocurrency is experiencing a bearish deviation while filling a new CME gap.
- Crypto analyst Rekt Capital predicts Bitcoin may form higher lows amid current trends.
- Analyst Jelle foresees potential for Bitcoin to reach $95,000 following recent surges.
- Bitcoin recently surged by over 9% in one day, trading at $89,602 currently.
Despite the current bearish deviation and market volatility, analysts suggest that Bitcoin has the potential to recover and possibly reach new highs if it maintains support levels above recent lows. The cryptocurrency has shown signs of recovery with a significant daily surge.
Source (2.6)https://www.newsbtc.com/news/bitcoin/bitcoin-suffers-bearish-deviation/?rand=52377
