Bitcoin Traders Target $30,000-$34,000 Price Zone Due to Bearish BTC Chart Patterns

Bitcoin traders return their bias And casting inconvenience BTC price targets In THE weak $30,000 area.

Walk Update Join We on social networks

THE total crypto walk capitalization abandoned on Jan. 23 with THE global walk value fall Since $1.6 thousand billion has $1.5 a thousand billion, representative A 5.5% day after day decline.

While trade volumes pink by 55%, he East largely due has THE sale In THE market.

Total crypto walk capitalization. Source: TradingView

Bitcoin (BTC) price fell below $40,000 has trade has $38,521 on Jan. 23.

Most altcoins are following BTC price action with Ether (ETH) fall below THE $2,200 brand And Solana (GROUND) briefly losing THE $80 support level. Binance Piece of money (BNB) Also lost THE $300 level which had has been A key support level For THE layer 1 token.

Related: Bitcoin mounted new 600 million dollars GBTC unload, with BTC price look 2 months weak

Bitcoin recent price action has directed a lot investors has question if THE rally has $49,000 was THE high For THE bull market.

According to has veteran Trader Bob Loukas, Bitcoin weekly ride a bike chart suggests that THE price has overcome.

THE Shame East do NOW, weekly ride a bike overcome.

Medium FEBRUARY best case For the lowest IMO if It is A price rout. March East best ride a bike Hourly For weak.

GOOD has see a few fear build up on time. https://...