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Bitcoin faces challenges near $90,000 mark, analysts warn

  • Earliest collected report:ForkLog
  • Last update
  • 1 source

Analysts from CryptoQuant warn of a potential slowdown in Bitcoin's growth near the $90,000 mark due to mass profit-taking by short-term traders. As of September 24, Bitcoin is trading around $84,000, but the Bitcoin Regime Score indicator shows low confidence in the market's future direction.

In brief

  • Bitcoin reached $87,392, then dropped to $83,000
  • The average purchase price of Bitcoin in the last 1-3 months is $64,300
  • The Bitcoin Regime Score indicator fell to 22%
  • Bitcoin is trading around $84,000 as of September 24
Covered by 1 of 6 media groups
  • Budget not in the collected reports
  • Public money not in the collected reports
  • Media business 1 source
  • Big capital not in the collected reports
  • Readers and grants not in the collected reports
  • Undisclosed not in the collected reports

No newsrooms from these groups in the collected reports: budget, public money, big capital, readers and grants, undisclosed.

What are media groups?

Share of reports by media group
GroupShareCount
Media business
  • Newsroom 5
100%5 items

How we count media groups — Methodology

Who the outlets write for
  • community 1
  • region 0
  • country 0
  • world 0
Channels
  • Websites 2
  • Telegram 3

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