Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»EXCHANGE NEWS»Bitcoin at a critical level of $40,000; Next Step: Bullish or Bearish?
EXCHANGE NEWS

Bitcoin at a critical level of $40,000; Next Step: Bullish or Bearish?

By Crypto FlexsJanuary 27, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Bitcoin at a critical level of ,000;  Next Step: Bullish or Bearish?
Share
Facebook Twitter LinkedIn Pinterest Email

Not much time has passed since the first Bitcoin ETF was approved in the United States. Contrary to consensus, the approval did not cause BTC’s price to go off the charts.

Instead, the world’s largest cryptocurrency is struggling near one-month lows. Bitcoin is hovering around the crucial $40,000 mark, and even the smallest fluctuations could define the coin’s movement for months.

The market was divided in reaction to Bitcoin bouncing back to the $40,000 level. Two weeks have passed since then. ETF approvalAnd volatility has become more widespread in the cryptocurrency market.

Bitcoin is currently trading at $40,001.23, up 0.47% over the last 24 hours. The coin continues to fluctuate, falling 6.60% in the past week. Bitcoin has yet to pass the nearest resistance zone located at $40,169. The coin also has support levels around $39,000, justifying a split in the market. The future of BTC.

Traders on several social media platforms are on the opposite spectrum, signifying a critical period for Bitcoin. Telegram users were extremely bearish for most of the downturn.

However, during bear markets, Reddit users were the most active buyers. X/Twitter users mimicked the trends of Telegram users and were bearish during the downturn. 4Chan users were indecisive and did not perform much activity.

If Bitcoin breaks through the nearest resistance level, the cryptocurrency will comfortably remain above $40,000. However, the decline means the cryptocurrency will fall towards the $39,000 level for some time.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin prices return to green -building exercise for more profits

June 26, 2025

Dogecoin (DOGE) after collision

June 23, 2025

Litecoin Key Support in Focus Price Eye Brake Out Determination

June 20, 2025
Add A Comment

Comments are closed.

Recent Posts

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Earns $9,800 Per Day With BTC Breaks Through $107,000, GoldenMining Global Market.

June 27, 2025

Why Bakkt Holdings can buy Bitcoin with a $ 1 billion increase

June 27, 2025

NVIDIA RTX strengthens FITY’s AI -centered innovation in Cooler Design.

June 27, 2025

Join Earn Mining To Mine Easily And Earn $7752 A Day

June 26, 2025

Bitcoin prices return to green -building exercise for more profits

June 26, 2025

Weed® Announces Partnership With Khalifa Kush; Launches Global Commercialization

June 26, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025
Most Popular

The gold-backed stablecoin market is still a niche market.

April 16, 2024

Bankman-Fried’s lawyers criticized the proposed 50-year sentence as a ‘medieval view of punishment’.

March 20, 2024

Will XRP price plummet again?

December 23, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.