List of Flash News about $92K BTC target
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2025-06-22 17:03 |
BTC Short-Term Holder Cost Basis at $99K Signals Key Support: Potential Drop to $92K-$94K Could Impact Altcoins
According to Cas Abbé on Twitter, short-term holders (STHs) currently have a cost basis below $99,000, which is acting as a support level for BTC and has held so far (source: Cas Abbé, Twitter, June 22, 2025). However, if this support fails, Abbé expects BTC to revisit the $92,000-$94,000 range. This scenario could trigger further losses in altcoins, leading to heightened volatility in the broader crypto market. Traders are advised to closely monitor BTC price action at these critical levels to manage risk exposure and anticipate potential spillover effects on altcoin performance. |