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Author: Admin | 2025-04-28
March 17 appeared first on CoinGape.28 Feb 2025, 6:22 amAfter soaring by double digits following Donald Trump’s election, Bitcoin and most altcoins have crashed and erased most of the gains made last year. Bitcoin price crashed below $80,000, while altcoins have done worse. This article explores some of the top crypto to sell after an expert warned of a BTC crunch zone. Crypto to Sell After Expert Warned of a $72k Bitcoin Price Crunch Zone Mark Cudmore, a Bloomberg strategist warned that the ongoing panic may lead to a 70% crash in its future. He expects that the coin will find some support between $72k and $74k. He added: “The real panic may be ahead of us still. Bitcoin always has another 70%+ crash in its future, by construction. $72k-$74k would appear to be the technical crunch zone that might trigger the next crypto winter.“ This statement means that some investors may consider selling some cryptocurrencies like IOTA (IOTA), Solana (SOL), and Ethereum (ETH). IOTA (IOTA) IOTA price has crashed from $0.6361 in December to $0.1895 even as the network prepares for its rebased upgrade. The coin has crashed below the key support at $0.4188, the highest swing in March last year. Worse, the coin is about to form a death cross pattern as the spread between the 50-day and 200-day moving averages cross each other. The ADX indicator, which is used to measure the strength of a trend, has risen to 36. Therefore, the coin will likely continue falling as sellers target the support at $0.1038, the lowest level in 2024, down by 45% below the current level. This makes it one of the top crypto to sell to avoid further losses. IOTA price Ethereum (ETH) Ethereum is another altcoin to sell. It has formed a death cross pattern
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