Odaily Odaily News: Katie Stockton, founder of independent research provider Fairlead Strategies, said Bitcoin looks likely to see a double-digit decline as technical signals suggest that Bitcoin has been "overbought" in its recent rally. In a note to clients on Tuesday, she expects the world's largest cryptocurrency to weaken further in the near term, despite its rebound to levels above $100,000 earlier this week. Stockton predicts that Bitcoin is expected to find support around $84,500, which means that in the next sell-off, Bitcoin will fall another 13% from its current level. She also added that Bitcoin may find secondary support at the $73,800 level, which means that if the sell-off exceeds expectations, the token could fall as much as 25%. Despite this, Stockton said she remains bullish on Bitcoin in the long run, noting that a strong long-term backdrop could support the cryptocurrency throughout 2025. (businessinsider)