Bitcoin May Face Short-Term Downside Around Dec. 14 Based on Recurring Timing Pattern

iconCoinEdition
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
Bitcoin analysis from CoinEdition suggests a potential short-term downside around Dec. 14, based on a recurring timing pattern. Analyst Crypto Rover noted a monthly pivot on the 14th for six months, with pullbacks or reversals following. Bitcoin news reports the price at $90,519, down 1.9% in 24 hours and 12.5% for the month. Analyst Joep sees a broken short-term trend, with a possible drop toward $80K. Other analysts caution that multiple factors influence Bitcoin’s price.
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.