Bitcoin update price BTC and crypto drops again due to

Bitcoin lunch: price Bitcoin and crypto crashes: Analysts, alerts and forecast

Meanwhile, it’s time for Bitcoin lunch again. We look at the live Bitcoin price and the prices of the top 25 crypto. Then we look at expert expectations and alerts. We conclude with the weekly Bitcoin price forecast for next week.

We begin, of course, with the live Bitcoin price and the prices of the top 25 crypto.

Crash live Bitcoin price and top 25 crypto continues

At the time of writing, the live Bitcoin price is quoting EUR 34,343.74 ($36,191.85). This is 8.62% lower than during our Bitcoin liberation lunch yesterday.

For the other crypto in the top 25, the bears remain in the lead as well. Apart from some stable coins, we only see red numbers on the digital price board. The biggest loss is currently with -1.69% for Near Protocol (NEAR). On the site of, where you can check all live crypto prices 24 hours a day and thus also throughout the weekend, we see that more crypto have to write their losses in double digits.

Analysts doubt reasons Bitcoin crash and see bright spots

We already saw last night that the FED interest rate decision was pointed to as the reason for the crash. Whereas initially positivity prevailed, sentiment changed. Meanwhile analysts are also pointing to other possible causes for the crash, but they are not unambiguous. They point to negative comments by Elon Musk, doubts about the quality of coins and other factors.

Still, there are bright spots to be seen. For example, this morning Bitcoin fell sharply below $36,000 (to $35,571.90), but quickly rose again. We also see that the bargain hunters are reporting. Indeed, volume is increasing to record levels.

Problems and alerts for BTC

Still, experts are handing out firm warnings. For example, experts are warning that the biggest BTC problem of the moment (lack of buying pressure and active institutional buyers) remains.

Other analysts warn that Bitcoin only has a chance to recover if the price rises above resistance at $37,000. On the other hand, they see a tipping point if price falls to $35,500. If the market is bullish this would be the time to step in and fight back to $37,000. In other case, a quick price drop to $32,000 lies ahead. Here now lies another strong BTC bull front, but the question is whether it will hold if the price continues to fall so rapidly.

Bitcoin weekly forecast for next week

Now that we know which Bitcoin quotes are important this weekend, it is of course also interesting to look ahead at the Bitcoin forecast for next week.

Based on the BTC video analysis below, we see that the price at the close of the week is important. The tipping point is at $34,752. If the price is below that, one expects a strong negative week, in which prices could even drop below $30,000 in order to pick up liquidity below the stop-losses and thus lay a strong foundation for a new bull run. For this to happen, the currency must end up just above that $34,7552.00. In that case the price could rise further to $40,000 to continue through $52,000 to the ATH or even set a new price record. As you can see in the video analysis below and the technical analyses, that scenario is unfortunately rather theoretical at the moment.

So in summary, it looks like we are in for a volatile week where price can break out either bearish or bullish. This scenario is a signal for many traders to be careful and avoid leverage. Fortunately, you can also make returns in an uncertain crypto market.

We will, of course, continue to report on prices and events.

Want to stay up to date on the latest stock price developments?

You can always follow the developments yourself with our WANT crypto analyses or the background articles and previews on the crypto market and Bitcoin. Of course, you can also follow the live quotes 24 hours a day if you want to stay informed in real time. Are you interested in other investments besides crypto? Then our weekly Monday morning price forecast might be a reading tip. “Please note: We never give financial advice, so our contributions can’t be interpreted that way either. Always do your own research and decide on rational grounds if, when, what and how much you want to invest in.”

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