🚨 $BTC JUST BROKE $75,000!
Bitcoin fell to $73,700 on Sunday — its lowest since August — and is trading near $74,500 today.
It is now below the short-term holder cost basis near $75,700. Support: $73,700, then the 200-day average near $73,150. Resistance: $75,500, then $78,186.
The selling is institutional: US spot ETFs lost $1.28B last week — the biggest weekly outflow since late June. BlackRock's IBIT alone lost $1.21B.
$1.04B in liquidations hit 155,678 traders in 24 hours.
Does $73,700 hold, or is $70K next? 👇
#bitcoin #BTC
(Info only, not financial advice)
Bitcoin fell to $73,700 on Sunday — its lowest since August — and is trading near $74,500 today.
It is now below the short-term holder cost basis near $75,700. Support: $73,700, then the 200-day average near $73,150. Resistance: $75,500, then $78,186.
The selling is institutional: US spot ETFs lost $1.28B last week — the biggest weekly outflow since late June. BlackRock's IBIT alone lost $1.21B.
$1.04B in liquidations hit 155,678 traders in 24 hours.
Does $73,700 hold, or is $70K next? 👇
#bitcoin #BTC
(Info only, not financial advice)
