crypto for all
Join
A
A

45000 Dollar Gap Now In Focus For Traders

10h20 ▪ 4 min read ▪ by Luc Jose A.
Getting informed Bitcoin (BTC)
Summarize this article with:

Bitcoin wavers at a pivotal moment. As Wall Street opens lower and gold falls, the leading crypto dangerously slides towards $60,000, under the combined pressure of traditional markets and a major technical signal. The loss of a long-term support revives bearish scenarios, with some traders already mentioning a return to $45,000. Between chart fragility and macroeconomic nervousness, BTC enters a turbulent zone that could redefine the trajectory for the coming weeks.

In the middle of a massive embossed chart, a vast hollow gap appears. The Bitcoin symbol slowly slides toward this cavity. At the bottom of the void, a metal plaque engraved with “45,000” can be seen. Traders stand around, watching the hollow zone.

In brief

  • Bitcoin dangerously approaches $60,000 after a weekly close below a major technical support.
  • The loss of the 200-week moving average revives bearish acceleration scenarios according to several analysts.
  • A $45,000 target reemerges, linked to an inefficiency zone left on the chart.
  • Traditional markets also waver, with stocks and gold falling at the Wall Street open.

Bitcoin weakened by a major technical signal

On Tuesday at the Wall Street open, Bitcoin dropped about 3 % during the day, approaching the $60,000 threshold, while the network shows a historic drop in active addresses.

This movement follows a weekly close below the 200-week exponential moving average (200-week EMA), a level closely monitored by cycle analysts. Trader Rekt Capital warns: “Bitcoin closed the week below the 200-week exponential moving average. Technically, this means this level has lost its support role and could now act as resistance in a potential rebound.” He adds that historically, such a setup “would trigger further bearish acceleration.”

The technical elements reported by analysts are as follows :

  • A weekly close below the 200-week EMA, a historical signal associated with bearish acceleration ;
  • The 200-week SMA and EMA moving averages now bracket the current trading zone ;
  • BTC’s inability to reclaim a key support, increasing the risk of turning it into resistance ;
  • An imminent test of the psychological $60,000 level, identified by trader Jelle as a determining threshold.

At the same time, weakness is not limited to the crypto market. At the U.S. session open, stocks also declined while gold lost about 2 %, reflecting significant pressure on assets. Bitcoin thus moves in an environment where internal technical momentum combines with an unfavorable macroeconomic climate.

An “inefficiency gap” at $45,000 in traders’ sights

Beyond the $60,000 threshold, the debate now focuses on lower targets. Several scenarios below $50,000 are circulating, notably around a so-called “fair value gap” near $45,000.

Trader Crypto Scient believes this zone could act as a liquidity magnet for Bitcoin : “I expect this zone to be filled before a true bottom forms. The market rarely leaves inefficiencies behind.” This type of gap appears when price moves quickly outside a consolidation zone, leaving an inefficiency likely to be filled later.

According to The Kobeissi Letter, current market nervousness is partly linked to excessive fears about artificial intelligence. In a message posted on X, these analysts state : “The stock market just erased $800 billion of market cap because the idea that AI will take over the world is becoming the dominant view. This view is too obvious. And obvious bets are never the winners.” At the same time, geopolitical tensions related to Iran and the announcement of new U.S. tariffs increase pressure on risky assets.

Between technical fragility and macroeconomic tensions, the scenario of a return of the Bitcoin price to $45,000 is no longer marginal. The coming sessions will reveal if this level becomes a balance point… or the prelude to a new phase of volatility.

Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.



Join the program
A
A
Luc Jose A. avatar
Luc Jose A.

Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.