Close Menu
StreamLineCrypto.comStreamLineCrypto.com
  • Home
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT
  • Defi
  • Blockchain
  • Metaverse
  • Regulations
  • Trading
What's Hot

Ethereum Fusaka Upgrade Set To Redefine ETH Performance — Here’s What to Expect

October 7, 2025

After $79B in Bitcoin, Saylor Says it’s Time to Pause — For Now

October 7, 2025

A7A5 under fire as EU weighs sanctions on ruble-pegged stablecoin

October 7, 2025
Facebook X (Twitter) Instagram
Tuesday, October 7 2025
  • Contact Us
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms of Use
  • DMCA
Facebook X (Twitter) Instagram
StreamLineCrypto.comStreamLineCrypto.com
  • Home
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT
  • Defi
  • Blockchain
  • Metaverse
  • Regulations
  • Trading
StreamLineCrypto.comStreamLineCrypto.com

Bitcoin Price Forms Bearish Evening Star Pattern On Weekly Chart, But Can Price Go Below $100,000?

September 27, 2025Updated:September 27, 2025No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Bitcoin Price Forms Bearish Evening Star Pattern On Weekly Chart, But Can Price Go Below 0,000?
Share
Facebook Twitter LinkedIn Pinterest Email
ad


Market skilled Tony Severino has raised some issues with the present Bitcoin worth motion on the weekly chart. This comes because the flagship crypto trades under $110,000, with predictions that it might additional drop under the psychological $100,000 stage. 

Bitcoin Value Kinds Bearish Sample On Weekly Chart

Severino revealed in an X submit that the Bitcoin worth is probably forming an Night Star sample on the weekly chart, one thing he’s cautious of. He famous that this sample is forming proper on the Bollinger Band foundation line, at round $111,600, through the tightest BB squeeze in BTC’s historical past. 

Associated Studying

The market skilled had earlier revealed that the Bitcoin worth’s weekly Bollinger Bands are formally the tightest in your entire historical past of BTCUSD worth motion. Basically, BTC is at the moment buying and selling inside a good vary, indicating low volatility. Severino’s accompanying chart reveals that the higher BB is at round $122,000, the idea BB is at $111,600, whereas the decrease BB is at $101,000. 

Bitcoin Price Forms Bearish Evening Star Pattern On Weekly Chart, But Can Price Go Below 0,000?
Supply: Chart from Tony Severino on X

In the meantime, the Night Star sample means that the bears are taking management from the bulls, placing the Bitcoin worth vulnerable to an additional downtrend. With the Bollinger bands being this tight, Severino could also be cautious of how this might result in a BTC decline to the decrease BB foundation. Crypto analyst Bob Loukas confirmed that the bears are in management and indicated that BTC might nonetheless drop under $100,000. 

He famous that the Bitcoin worth is seeking to print its Weekly Cycle Low, though he opined that BTC is holding up effectively regardless of the present downtrend. The analyst declared {that a} rally to $118,000 will verify the beginning of a brand new cycle. 

Till then, the bears will stay in management. His accompanying chart confirmed that the flagship crypto might threat dropping under $100,000 throughout this era when the bears are in management. Nonetheless, in the long term, Loukas nonetheless expects the Bitcoin worth to rally to as excessive as $140,000. 

BTC Wants To Reclaim $116,300

Crypto analyst Ali Martinez additionally warned that the Bitcoin worth must reclaim $116,300 or threat dropping as little as $94,334 based mostly on the Pricing Bands. He had earlier acknowledged that $107,200 is the essential assist for Bitcoin. The analyst claimed {that a} drop under that assist stage would put $100,000 and even $93,000 in play. 

Associated Studying

In the meantime, crypto analyst Titan of Crypto famous that the Bitcoin worth has damaged under the trendline at $110,000. He remarked that affirmation remains to be wanted and that the lagging span should observe to validate this bearish transfer. Nonetheless, the analyst is a type of who doesn’t imagine that BTC has topped, noting that the market is in a interval of concern and that this has by no means marked the cycle high.

On the time of writing, the Bitcoin worth is buying and selling at round $109,600, up within the final 24 hours, in line with information from CoinMarketCap.

Bitcoin
Bitcoin buying and selling at $109,277 on the 1D chart | Supply: BTCUSDT on Tradingview.com

Featured picture from Pixabay, chart from Tradingview.com



Source link

ad
Bearish Bitcoin Chart Evening Forms Pattern Price Star Weekly
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Related Posts

Ethereum Fusaka Upgrade Set To Redefine ETH Performance — Here’s What to Expect

October 7, 2025

After $79B in Bitcoin, Saylor Says it’s Time to Pause — For Now

October 7, 2025

A7A5 under fire as EU weighs sanctions on ruble-pegged stablecoin

October 7, 2025

Regional Crypto Power Balance Is Shifting as Japan ‘Ready to Pop’

October 7, 2025
Add A Comment
Leave A Reply Cancel Reply

ad
What's New Here!
Ethereum Fusaka Upgrade Set To Redefine ETH Performance — Here’s What to Expect
October 7, 2025
After $79B in Bitcoin, Saylor Says it’s Time to Pause — For Now
October 7, 2025
A7A5 under fire as EU weighs sanctions on ruble-pegged stablecoin
October 7, 2025
Regional Crypto Power Balance Is Shifting as Japan ‘Ready to Pop’
October 7, 2025
Central Bank To Track Every Crypto Ruble
October 7, 2025
Facebook X (Twitter) Instagram Pinterest
  • Contact Us
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms of Use
  • DMCA
© 2025 StreamlineCrypto.com - All Rights Reserved!

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