NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Bitcoin News: Here Is When BTC Could Revisit $20,000 One Last Time, Analyst Says

Reynaldo Marquez
Reynaldo Marquez
1 year ago
2 mins read
Bitcoin news BTC BTCUSDT BTC Price

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Based on several factors, the latest Bitcoin news points to a potential bullish continuation in the long term. However, the short term remains uncertain; the cryptocurrency continues to trade in a tight range, although BTC has shown a spike in volatility.

Related Reading

Bitcoin

Bitcoin Price Is Showing Early Signs of Fresh Drop, $27,200 Is The Key

1 year ago

As of this writing, the Bitcoin price trades at $25,500 with a 2% loss in the last 24 hours. In the previous seven days, the cryptocurrency maintained some of its profits as most of the tokens in the top 10 by market cap traded in the red after experiencing a slight uptick.

Bitcoin news BTC BTCUSDT
BTC’s price trends to the upside on the daily chart. Source: BTCUSDT on Tradingview

Bitcoin News: BTC At Risk Of Topping For Remaining Of The Year

The bigger picture for Bitcoin leans to the upside with the approval of a BTC spot Exchange Traded Fund (ETF) in the US gaining momentum. However, analyst Rekt Capital believes current prices are similar to those in late 2019 and early 2020.

As the chart below shows, at that time, the price of Bitcoin was trending to the upside in a tight triangle with a top at around $10,000. The cryptocurrency eventually broke about this resistance and entered uncharted territory.

Bitcoin News BTC BTCUSDT BTC Price
Is the BTC price imitating 2019’s action? A potential re-test of $20,000 is likely. Source: Rekt Capital

As the chart shows, this scenario has some obstacles for optimistic investors. Before the breakout, the price of Bitcoin revisited the lows and event wicked below critical support at $3,250.

The analyst believes that BTC could display similar price action as it approaches the top of its current channel. In this scenario, which aligns with BTC’s pre-halving behavior, the cryptocurrency could re-visit the low of the trend.

As a result, a return to $20,000 and even the $15,000 lows seems likely. The analyst stated:

Here’s the thing about current prices. Right now, there’s a risk of them representing the Top for 2023. But after the Halving, these same exact prices will represent a Re-Accumulation range (red) before lift-off into a Parabolic Uptrend (green).

Still Hope For BTC Price Bulls

As mentioned, this scenario could hint at short-term losses for BTC, but the analyst shared other Bitcoin news in a more positive tone. First, Rekt Capital believes that the next 6 months into the Bitcoin halving could provide the “last ever retrace” to the $20,000 lows.

Related Reading

Bitcoin crypto bond bubble

Bitcoin And Crypto Under The Lens As Bond Market Recalls 2008 Crash

1 year ago

As the market approaches this event, the price of Bitcoin is more likely to trend upwards, with a “stronger” beat back to previous highs and potentially into uncharted territory. The analyst concluded:

Next ~6 months may offer the last ever retrace to low $20,000s (orange) And 2 months Pre-Halving, we’ll likely see some stronger upside volatility (light blue) Lots of volatility to both the downside & upside await between now and the Halving.

Cover image from Unsplash, chart from Tradingview

Tweet123Share196ShareSend
Reynaldo Marquez
Reynaldo Marquez

Reynaldo Marquez

A literature major, Reynaldo Márquez has been deeply immersed in the crypto industry since 2017. His journey began with translating articles for various crypto news outlets, a role he took on with zeal. In 2018, amidst a challenging market, he embraced his first writing assignment, demonstrating his unwavering commitment to the nascent industry and the promise of change it bears for many people worldwide.
In March 2021, he joined the prestigious crypto news outlet NewsBTC and Bitcoinist, where he not only reported on the latest crypto news but also had the privilege of interviewing some of the industry's most influential figures. A year later, his dedication and hard work were recognized, and he was promoted to Managing Editor, a position he currently holds with pride.
He believes in honesty, good communication, hard work, and the power of cryptocurrency and its potential to transform people's lives, especially those alienated by the legacy financial system. Born in 1992 in Venezuela, Reynaldo is familiar with how governments and central banks can negatively affect people, their everyday lives, and their futures by creating inflation and erasing their hopes for a better future. Thus, like many Venezuelans, he embraced this new technology to help him and his family navigate difficult times.
In another life, Reynaldo would have pursued a career as an investigator, most likely tracking down the origins of the Cyberpunk movement with the publication of William Gibson’s ‘Neuromancer.’ The intersection between fiction and reality, with the materialization of Bitcoin in 2009, would have allowed him to dive deep into the crypto sphere as something more than a financial phenomenon but also a cultural shift in society that was brewing since the XX century, and maybe even sooner, in the XIX century with the publication of Henry David Thoreau’s ‘Civil Disobedience.’
But that’s for another life. In this one, Reynaldo has been trading to improve his trading skills. Since 2023, he has been trying to learn Python to create successful strategies and find ways to execute them. It is a difficult task, which continues to keep him busy today and will most likely continue to keep him busy in the near and long term.
In his free time, he enjoys lifting heavy objects, reading, watching movies, and listening to his favorite music. Some of his favorite authors are Walt Whitman, William Faulkner, Allen Ginsberg, James Baldwin, Raymond Carver, Ray Bradbury, George Orwell, Mario Vargas Llosa, Reinaldo Arenas, Rafael Cadenas, and many others. Lately, he has been primarily interested in reading about dystopic societies, a topic that deeply resonates with the crypto industry.
Since 2023, he has lived in Spain with his wife. He loves the weather, the food, and the people and their culture. They both expect to travel much more within the country they now call home and beyond its border. He hopes to retire with his wife, maybe in a quiet place near a beach, but most likely in a city close to a library and a university with his kids and, hopefully, grandkids.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin

Crollo Stablecoin sugli Exchange: Un Segnale negativo per Bitcoin?

Secondo un’analisi dettagliata di Axel Adler Jr, pubblicata su CryptoQuant, gli afflussi di stablecoin verso gli exchange – in particolare...

clararosati 1 hour ago
솔락시(SOLX) 프리세일 막판 불붙었다… 프리세일 종료 이후 마지막 투자 기회?

솔락시(SOLX) 프리세일 막판 불붙었다… 런칭 전 마지막 투자 기회?

솔라나 기반의 유틸리티 밈코인 솔락시(Solaxy, $SOLX)의 프리세일 단계가 막바지에 이르면서 투자자들의 관심이 급격히 쏠리고 있다. 특히 상장에 대한 기대감과 동시에 최저 ...

Soyeon Lee 1 hour ago

機器人主導的迷因幣牛市即將來襲:Snorter預售火力全開、資金突破百萬美元

市場似乎正在醞釀新一波迷因幣行情,而這一次,主導局勢的不再是手動點擊,而是速度與策略兼備的自動化交易工具。 Snorter代幣($SNORT)首次公開發售已悄悄吸引超過100萬美元的資金流入,在迷因市...

Kelvin Lee 2 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Solana ETF Is Next, Last Chance to Buy Solaxy's Layer-2 Presale

Solana ETF Nears Approval – Don’t Miss Your Chance to Buy Solaxy, the First $SOL Layer-2

Aaron Walker 19 minutes ago
XRP ETF pradės prekiauti Kanadoje – kriptovaliutos kaina pakilo 7 %

XRP ETF pradės prekiauti Kanadoje – kriptovaliutos kainos pakilo 10 %

Tomas Jankūnas 50 minutes ago
XRP

Wild XRP Prediction: Crypto Founder Sees $10K Price Tag—Here’s When

Christian Encila 1 hour ago

Premium Sponsors

Top Brands

Press Releases

  • Nový DeFi coin posílil o 76.6 %, zatímco Solana a Tron trpí kvůli tržní volatilitě

    Nový DeFi coin posílil o 76.6 %, zatímco Solana a Tron...

    1 minute ago
  • ...

    12 minutes ago
  • アルトコイン注目の時代到来|今投資すべき有望銘柄とは

    ...

    36 minutes ago
  • Kryptoměnový bull run je tady: nejlepší altcoiny k nákupu právě teď

    Kryptoměnový bull run je tady: nejlepší altcoiny k...

    46 minutes ago
  • 仮想通貨1000倍の有力候補、新ビットコイン報酬型プロジェクトが最終フェーズに突入

    ...

    54 minutes ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.