Compass Investments

Crypto vs. Dollar

📌 Is bitcoin collapse imminent? Experts warn of a BTC collapse next week

A cryptocurrency trading expert has warned bitcoin (BTC) investors that a collapse in the price could be imminent as the digital-first asset attempts to break through the $65,000 resistance line. Bitcoin

– A cryptocurrency trading expert has warned bitcoin (BTC) investors that a collapse in the price could be imminent as the digital-first asset attempts to break through the $65,000 resistance line.

Analyst Alan Santana highlighted signs of a possible drop in the bitcoin price in a May 12 trading update. Mr. Santana pointed to bitcoin’s technical indicators and recent price movements as evidence supporting the possibility of an imminent collapse.

Bitcoin

Bitcoin

$67,797.92

BTC -0.44%

Ethereum

Ethereum

$3,798.15

ETH -1.94%

Binance Coin

Binance Coin

$598.69

BNB -0.15%

XRP

XRP

$0.53

XRP -0.23%

Dogecoin

Dogecoin

$0.17

DOGE -0.01%

Cardano

Cardano

$0.46

ADA 0.18%

Solana

Solana

$169.02

SOL 0.86%