BITCOIN BREAKS BELOW $80,000 SUPPORT AFTER BINANCE HACK
Bitcoin fell 2.1% to $77,182, hitting a six-week low of $76,368 overnight following the reported Binance hack.
Trade Nation analyst David Morrison says Bitcoin has broken below the $80,000 support level it had defended for six weeks.
The next key support is $75,000, with a breakdown potentially opening the door to a retest of summer lows.
Bitcoin fell 2.1% to $77,182, hitting a six-week low of $76,368 overnight following the reported Binance hack.
Trade Nation analyst David Morrison says Bitcoin has broken below the $80,000 support level it had defended for six weeks.
The next key support is $75,000, with a breakdown potentially opening the door to a retest of summer lows.