Bitcoin At 40000 Is Still A Neutral Trend Due To These Levels

Last updated: June 9, 2025, 04:22

Bitcoin At 40000 Is Still A Neutral Trend Due To These Levels

As Bitcoin hovers above critical

As Bitcoin hovers above critical price thresholds, the prospect of it not dropping below $40,000 again becomes increasingly plausible. Therefore, it paints a picture of

Bitcoin at $40,000 is still a neutral trend due to these levels

Bitcoin fell below $40,000, indicating a further bearish outlook. The current $38,800 level could serve as support for making a bounce. Chart analysis points to a potential

The neutral case is that

This Trader Sees Bitcoin Dropping To $40,000 And Still Be

Crypto trader Altcoin Sherpa sees the Bitcoin price drop as normal and expects a bullish run in the future. He calls Bitcoin’s drop to $40,000 still fine as

The neutral case is that Bitcoin could be forming a broad trading range, in which case it makes sense to short the market at resistance while buying near support. On the bearish side, the

Analysts from

Bitcoin Could Dip to $40,000 Amid Market Turbulence: 10x

Is Bitcoin Price Turning Bullish Or Bearish? Crypto Analyst Reveals

Analysts from 10x Research suggest that Bitcoin‘s (CRYPTO: BTC) price could potentially fall to the low $40,000s, signaling a significant downturn in the digital asset

Bitcoin price breaks $40K: Here’s where BTC may go next

Bitcoin at $40,000 level, first time since May 2025, still below

Why Analysts Predict Bitcoin Will Never Drop Below $40,000 Again

In the short term

In the short term, the $38,000 and $40,000 levels remain the biggest hurdles for Bitcoin. The longer BTC took to break out of $40,000, the higher the probability of a

Bitcoin's price is often gauged using different metrics and one such method is assessing how futures' traders are placing

Despite expectations of interest-rate reductions and increased demand from exchange-traded funds, Bitcoin surpassed $40,000 for the first time since May 2025. In the

In a YouTube video

Analyst Warns Of Bitcoin Breakdown Below Key Psychological

In a YouTube video, the analyst explains that even the best-case scenario for Bitcoin is still lower than its current price of $61,000. DonAlt presents the argument that the

Bitcoin Slides Below $40,000Where is the Next Stopping Point?