Bitcoin Loses Support: Is a Crypto Crash possible by the end of 2024?

Bitcoin Loses Support Is a Crypto Crash Imminent

Bitcoin loses support as the leading cryptocurrency struggles to maintain key price levels, sparking concerns of a potential crypto crash. With Bitcoin (BTC) experiencing a 3% drop in the last 24 hours, investors are now questioning whether a major correction is around the corner.

The recent profit-taking trend has widened losses, with BTC currently consolidating around $97,000. Although Bitcoin recently broke the critical $100,000 mark, analysts warn that its most important support level is at risk.

Elon Musk and Vivek Ramaswamy Lead DOGE Initiative to Streamline Government Spending

Elon Musk and Vivek Ramaswamy Lead DOGE Initiative to Streamline Government Spending

In a surprising and highly debated move, President-elect Donald Trump has tapped Tesla CEO Elon Musk and entrepreneur-turned-politician Vivek Ramaswamy to lead the newly formed Department of Government Efficiency (DOGE). While the advisory group has no direct authority, its primary goal is to identify federal inefficiencies, reduce waste, and propose budget reforms.

Hawk Tuah Girl Ventures into the World of Cryptocurrency with Her Own Memecoin

Hailey Welch, also known as Hawk Tuah Girl, posing for a portrait in front of a microphone at a SiriusXM studio, showcasing her new venture into the cryptocurrency world with her meme coin, HAWK.

In 2024, Hailey Welch, famously known as Hawk Tuah Girl, has taken a bold leap into the world of cryptocurrency. Known for her viral moments, Welch is now shaking things up with her very own cryptocurrency. After making waves with successful merchandise launches and a podcast that captured attention, she is now venturing into the crypto space, offering a new way for her fans to connect with her. However, before rushing to invest, it’s important to understand the current status of her crypto project, HAWK.

Rising Selling Pressure on Bitcoin: Is the Bull Run Under Threat?

Bitcoin remains resilient above $90,000, yet mounting selling pressure and heightened market volatility raise concerns about its bullish trajectory. With $430 million in long positions recently liquidated, traders face significant cautionary signals. While analysts highlight potential rallies toward $100,000 and beyond, defensive strategies and diligent market monitoring are crucial to navigate this phase effectively.