List of Flash News about Bitcoin resistance line
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2025-06-09 02:54 |
BTC Price Correction 2025: Key Resistance Line Triggers 32% Pullback – Trading Insights and Analysis
According to Mihir (@RhythmicAnalyst) on Twitter, Bitcoin's top call on January 3rd, 2025 coincided with widespread expectations of a $200k or higher price target. Instead, BTC experienced a sharp 32% correction, with the downturn aligning precisely with a major resistance line identified in Mihir's technical chart (source: @RhythmicAnalyst, June 9, 2025). The recent price action shows that attempts to break this resistance were again rejected, reinforcing its significance for traders. This persistent resistance level is a critical signal for crypto market participants, highlighting the importance of monitoring key technical barriers for future trading decisions and risk management. |