Analysts predict Bitcoin price could drop to $41k

Cryptocurrency analysts have identified technical patterns suggesting Bitcoin price could decline to $41,000, according to recent market analysis shared this week. Summary Bitcoin analyst Tony Severino identified a weekly harmonic Shark pattern. A primary target at $41,000 signals a potential bullish reversal once the final leg completes. Near-term price action is pivotal—failure at resistance could…

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South Korea’s FSC Expands Travel Rule, Tightens Oversight of Crypto Transactions

South Korea announced plans to expand the travel rule to cover smaller crypto transactions and bar individuals with serious criminal records from becoming major shareholders in virtual asset businesses. Expanding the ‘Travel Rule’ and Strengthening Scrutiny The South Korean government is preparing a major crackdown on illicit activities within the virtual asset market. Financial Services…

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Which Way Will BTC Breakout Next?

Bitcoin trades near $91K, trapped between $84K support and $112K resistance, as traders watch for the next major price move. Bitcoin is trading within a defined range as market participants monitor two key levels. The current price is $91,000, showing a small gain over the past 24 hours and an almost 10% rise over…

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