BRN Analyst: Bitcoin price may further drop to around $56,000, near the lower Bollinger band
BlockBeats news, on September 2nd, BRN analyst Valentin Fournier stated, "Technical indicators suggest that the downward trend may continue. The MACD shows increasingly negative momentum, while the RSI is at a neutral level. The lower band of the Bollinger Bands is still around $56,000, indicating that Bitcoin prices may further fall to this level." (CoinDesk)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bank of America lowers CSX Transportation price target to $55
BTC Price Slides Toward $80K, AVAX Defies Market Correction: Weekend Watch
Samsung Electronics will double the production of HBM4 and HBM4E next year
Truist lowers Onsemi target price to $75
Crypto prices
More
