đš Crypto Market Under Heavy Pressure! đš
Bearish signals are building across the market as $BITCOIN struggles to regain momentum.
đ $BITCOIN (BTC) has fallen more than 45% from its October peak near $126,000 and continues to fail on rebounds â showing speculative demand is fading.
đ° Analysts suggest $BTC could trade in a $60,000â$70,000 range in the coming weeks, with a possible drop toward $50,000 before stabilization.
đŠ Standard Chartered has slashed its 2026 Bitcoin target from $150,000 to $100,000, citing weak momentum and tough macro conditions.
đą Coinbase also faces pressure:
Downgraded to âSellâ
Price target cut by 68% to $120
Stock dropped around 8% to $140
Temporary trading issues reported (now resolved)
đ The broader crypto market has wiped out nearly $2 trillion in value during this downturn.
â ïž Market sentiment remains cautious. Momentum traders are struggling to push BTC back toward highs, and volatility is likely to continue.
#Bitcoin #CryptoNews #BearMarket #Trading
