BRN analyst: BTC price may further drop to around $56,000 near the lower band of the Bollinger Bands

BlockBeatNews

2024-09-02 11:42:37

BRN-1,83%

BTC-0,57%

BlockBeats news, on September 2nd, BRN analyst Valentin Fournier stated that “technical indicators indicate that the downward momentum may continue. The MACD shows increasingly negative momentum, while the RSI is at a neutral level. The lower band of the Bollinger Bands is still around $56,000, indicating that the BTC price may further decline to this level.” (CoinDesk)

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Alieren25

· 2024-09-02 12:04

BUIDL 🧐

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RongchengLouis

· 2024-09-02 11:56

Must eat this Whale of yours

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ConservadorZ

· 2024-09-02 11:54

The crypto market in September 2024 is marked by high volatility due to concerns about a possible global economic recession. Employment reports in MAUA and expectations about the Federal Reserve's next moves have influenced investor sentiment. In addition, Bitcoin continues to benefit from the -market-outlook-insights-and-predictions/).

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