Is Bitcoin Really Out Of The Danger Zone? Crypto Analyst Predicts Potential Dip

On Friday, pseudonymous trader and crypto analyst Rekt Capital provided insights into Bitcoin’s BTC/USD-0.58%+ Free Alerts current status and prospects. What Happened: The analyst said Bitcoin is no longer in the “danger zone” but warned of a possible 13% dip from its current value.

In a post on X, he said that Bitcoin could still experience a significant decline. He explained that Bitcoin typically enters the “danger zone” after a halving event, which reduces miners’ rewards.

Following this phase, Bitcoin usually transitions into a “post-halving reaccumulation” period, characterized by sideways trading within a specific range. The analyst noted that Bitcoin had surged to $71,500 but faced resistance at this level, leading to ongoing consolidation…Story continues…

By : Bibhu Pattnaik

Source: Is Bitcoin Really Out Of The Danger Zone? Crypto Analyst Predicts Potential Dip

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Read more:

Bitcoin (BTC) News Today: Fed Rate Path Impact on BTC Trends Ahead of US Data FX Empire 07:11 

Yesterday

Bitcoin mining gets tougher – Good news for BTC’s price or… AMBCrypto 09:38 Sat, 25 May 

Bitcoin (BTC) News Today: US BTC-Spot ETF Market Sees Ten Day Inflow Streak FX Empire 08:40 Sat, 25 May 

Friday

US Inflation News: Bitcoin Rises As New Data Raises Hopes For Early Fed Rate Cuts CoinGape 22:54 Fri, 24 May 

Today’s Top Crypto News: Key Developments in Bitcoin (BTC) and Ethereum (ETH) Coinotag 22:16 Fri, 24 May 

Expert Crypto News Editor Uncovers Altcoin Targeting Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) Trio, Receives Strong Response Coinotag 20:55 Fri, 24 May 

Flash News: OKX Ventures Tops Crypto VC Rankings, Showcases Investments in Bitcoin Ecosystem, Blockchain Infrastructure, GameFi and ApplicationsGlobeNewswire (Press Release) 17:13 Fri, 24 May 

UK’s oldest news magazine slams ‘Bitcoin a threat to us all’ and a ‘Ponzi scheme’ Finance in Bold 14:14 Fri, 24 May 

Flash News: OKX to Host ‘Bitcoin Power Hour’ X Spaces Session Featuring Udi Wertheimer on May 24 GlobeNewswire (Press Release) 12:26 Fri, 24 May 

Bitcoin (BTC) News Today: BTC Slides Amid Strong US Economic Indicators FX Empire 06:36 Fri, 24 May 

Thursday

SHIB Scores Listing on Major Solana-Centered Exchange, Ripple Forms Coalition With Crypto Heavyweights, Gabor Gurbacs Notes Bitcoin‘s 17,400% Surge: Crypto News Digest by U.TodayU.Today 19:35 Thu, 23 May 

Elon Musk’s ‘Black Mirror’ Warning, Shibarium ($SHIB) Nears Major Milestone, Samson Mow’s Bullish Bitcoin ($BTC) Outlook: Top Crypto News by U.TodayCoinotag 14:11 Thu, 23 May 

Bitcoin (BTC) News Today: BTC-Spot ETF Flows and ETH-Spot ETFs in Focus FX Empire 07:22 Thu, 23 May 

Wednesday

Elon Musk Issues ‘Black Mirror’ Warning, Shibarium on Verge of Major Record, Samson Mow Makes Bullish Bitcoin Statement: Crypto News Digest by U.TodayU.Today 19:31 Wed, 22 May 

Ethereum (ETH) and Bitcoin (BTC) Receive Major Approval from London: Positive News for Crypto Markets Coinotag 15:48 Wed, 22 May 

Top Crypto News Of The Day: Coinbase’s Oil Connection, Bitcoin ETF, and More CoinChapter 14:42 Wed, 22 May 

Bitcoin Advocate and US Presidential Candidate Robert Kennedy Invests in GameStop Shares – BTC News Update Coinotag 09:00 Wed, 22 May 

Bitcoin (BTC) News Today: Spot ETF Inflows Slow as Focus Turns to ETH FX Empire 06:17 Wed, 22 May 

Tuesday

Ethereum ETF News Captivates Market as Bitcoin Analysts Share Insights Cointurk News 22:48 Tue, 21 May 

Bitcoin Climbs Rapidly to $72,000 Mark Following News Cointurk News 18:13 Tue, 21 May 

Ethereum Prints ‘God Candle’ Against Bitcoin on Bybit as Traders Pile In on Bullish ETF News CryptoDaily 15:20 Tue, 21 May 

Bitcoin News: Stacks Co-Founder Unveils New BTC Restaking Protocol Plan CoinGape 14:00 Tue, 21 May 

Monday

Breaking News: CEO of Crypto Giant Steps Down, New Leader Announced for Bitcoin (BTC) Coinotag 22:01 Mon, 20 May 

Peter Brandt Urges to Ignore Peter Schiff’s ‘Bitcoin Is Dead’ Claim, Half Trillion SHIB Moved in 24 Hours, 7,000 ETH Mysteriously Moved to Robinhood: Crypto News Digest by U.TodayU.Today 19:48 Mon, 20 May 

Breaking News: Leadership Shakeup at Bitcoin Giant, New CEO Announced for BTC Coinotag 18:17 Mon, 20 May 

Bitcoin (BTC) News Today: BTC Weathers Regulatory Uncertainty and Rate Fears FX Empire 06:18 Mon, 20 May 

In the last month

Bitcoin (BTC) News Today: BTC Stability as ETF Inflows Counter Fed Rate Cut Jitters FX Empire 07:37 Sun, 19 May 

Bitcoin (BTC) News Today: $70,000 in View as Spot ETF Market Eyes Five Day Streak FX Empire 08:44 Sat, 18 May 

Positive Shift: U.S. Delivers Encouraging News for Bitcoin (BTC) and Cryptocurrency Market Coinotag 22:12 Fri, 17 May 

Solana ‘beats’ Bitcoin on this front, but is bad news around the corner? AMBCrypto 17:35 Fri, 17 May 

Bitcoin News: On-Chain Data Signals Potential End of Bull Cycle This Month CoinGape 16:57 Fri, 17 May 

Bitcoin (BTC) News Today: US BTC-Spot ETF Market Sees Inflows Despite Fed Hawks FX Empire 06:28 Fri, 17 May 

Breaking News: AK Party Issues New Statement on Cryptocurrency Legislation – Impact on Bitcoin (BTC) and Ethereum (ETH) Explained Coinotag 01:51 Fri, 17 May 

Crypto News Today: Microstrategy Joins World Index | Vanguard Rules Out Bitcoin ETF FX Empire 20:47 Thu, 16 May 

Bitcoin (BTC) Price Skyrockets: Michael Saylor’s Reaction to CPI News Impact Coinotag 14:07 Thu, 16 May 

Bitcoin (BTC) News Today: US BTC-Spot ETF Market Inflows Surge on US CPI Data FX Empire 06:03 Thu, 16 May 

Bitcoin, Ethereum, Dogecoin Spike On Good Macro News: ‘So Far, So Good,’ Says Bullish Trader Benzinga 00:06 Thu, 16 May 

Michael Saylor Reacts as Bitcoin Price Reboots on CPI News U.Today 19:02 Wed, 15 May 

Samson Mow Slams Ripple for Spreading FUD About Bitcoin and Tether, Ripple Files Motion to Seal Documents, Here’s Why Ethereum ETF Could Be Denied: Crypto News Digest by U.TodayU.Today 18:11 Wed, 15 May 

Bitcoin (BTC) News Today: How US CPI and Retail Sales Can Impact BTC Trends FX Empire 06:40 Wed, 15 May 

Bitcoin (BTC) News Today: Analyzing BTC’s Reaction to US Inflation and Powell FX Empire 07:17 Tue, 14 May 

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