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Bob Loukas Calls Bitcoin 'Horrendous' on Weekly Chart, Sets $49,000 Target

A A - $0.078949873595878 popular trader with more than 30 years of experience in financial markets and author of the 60-day cycle theory for BTC BTC - $67978.129 Bob Loukas, released on Monday another outlook of Bitcoin's price. Unlike the optimistic charts, analyses and predictions that flooded the crypto space after the weekend, his outlook can hardly be called bullish.

Source: u.today

Related symbols: BTCUSD

2026-03-02 15:52:02 GMT.

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A

Price & Market Data

Price: $0.078949873595878

Volume 24h: $22,773,451.90

Market Cap: $128,451,131.62

Description

Alpha Token (A) is a cryptocurrency launched in 2017and operates on the Ethereum platform. Alpha Token has a current supply of 278,273,649.09200983 with 19,414,002.47958597 in circulation. The last known price of Alpha Token is 0.00052921 USD and is up 0.00 over the last 24 hours. More information can be found at https://www.alphaplatform.co.

BTC

Price & Market Data

Price: $67978.129

Volume 24h: $40,852,865,677.18

Market Cap: $1,359,490,729,167.70

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,998,590. The last known price of Bitcoin is 70,474.4274769 USD and is down -2.81 over the last 24 hours. It is currently trading on 12571 active market(s) with $46,609,513,822.98 traded over the last 24 hours. More information can be found at https://bitcoin.org/.