Is Bitcoin's Decline Set to Continue? A Technical Analyst Predicts a Possible Reversal by Tuesday.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 01 2025
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Source: MarketWatch
Current Bitcoin Price Movement: Bitcoin has fallen below $85,000, experiencing its largest monthly drop since February, with a decline of over 30% from its record high in early October.
Analyst Outlook: Despite the recent selloff, an analyst suggests that the technical indicators may signal a potential reversal in Bitcoin's price as early as Tuesday.
Analyst Views on DJIA
Wall Street analysts forecast DJIA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DJIA is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 22.210
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Current: 22.210
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
