Social media sentiment indicates Bitcoin is in a range where a drop below $75,000 is possible, according to Santiment founder Maksim Balashevich. Crypto traders have not yet shown enough fear on social media to confirm a market bottom, according to a crypto analyst who suggested Bitcoin could still slide to around $75,000. “It looks very tempting to come even closer to it,” crypto market sentiment platform Santiment founder, Maksim Balashevich, said on a video published to YouTube on Friday. A move to that level would represent an approximate 14.77% drop from Bitcoin’s (BTC) current price of $88,350, according to CoinMarketCap. Read more
Social media sentiment indicates Bitcoin is in a range where a drop below $75,000 is possible, according to Santiment founder Maksim Balashevich. Crypto traders have not yet shown enough fear on social media to confirm a market bottom, according to a crypto analyst who suggested Bitcoin could still slide to around $75,000. “It looks very tempting to come even closer to it,” crypto market sentiment platform Santiment founder, Maksim Balashevich, said on a video published to YouTube on Friday. A move to that level would represent an approximate 14.77% drop from Bitcoin’s (BTC) current price of $88,350, according to CoinMarketCap. Read more
Fidelity researcher mulls over Bitcoin dropping to $65,000 in 2026, US Clarity Act may not boost Bitcoin’s price: Hodler’s Digest Veteran trader Peter Brandt said the potential passage of the US Clarity Act is unlikely to have a significant impact on Bitcoins price after indications that it could pass Congress as soon as January. Is it a world-shaking macro development? Nope. Needed for sure, but not something that should redefine value, Brandt told Cointelegraph on Friday. Having an asset regulated, particularly an asset for which die-hard investors never wanted to be regulated, is not an earth-shattering event, he added. His comments came after White House crypto and AI czar David Sacks said on Thursday, We are closer than ever to passing the landmark crypto market structure legislation. Read more