S&P 500 & Equities·CoinTelegraph· 1h ago

Traders say Bitcoin still due for ‘next leg lower’ targeting $46K BTC price

Strategic Analysis // Ian Gross

"This story matters because a sustained drop in Bitcoin could signal broader risk aversion, impacting investor confidence across all speculative assets. For portfolios, it highlights the ongoing volatility in cryptocurrencies and the potential for further losses if this trend continues."

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Traders say Bitcoin still due for ‘next leg lower’ targeting $46K BTC price

The Big Market Report Take

Looks like Bitcoin's latest dip below that 200-week moving average has the market eyeing even lower levels. Traders are bracing for a "next leg lower," which, honestly, feels like a familiar tune for crypto these days.

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