$BTC
Bitcoin is facing selling pressure after falling to a two-month low near $73,700. Investor concerns about US crypto regulation, ETF outflows and market uncertainty are weighing on prices.
Important price levels:
Support: $73,500
Resistance: $75,700
Next downside target: $70,000 if support breaks.
My outlook: Bitcoin remains bearish in the short term. If BTC holds above $73,500, a recovery toward $75,700 is possible. A break below support could trigger further losses.
#NvidiaInvestigatesAfterHuang’sAffairApology #CPITestsDecemberRateOutlook #BitcoinFiveWeeklyLosses #AIChipSlumpNasdaq #ChinaCACListsFiveIssuesAffectingBlockchainFilings
Bitcoin is facing selling pressure after falling to a two-month low near $73,700. Investor concerns about US crypto regulation, ETF outflows and market uncertainty are weighing on prices.
Important price levels:
Support: $73,500
Resistance: $75,700
Next downside target: $70,000 if support breaks.
My outlook: Bitcoin remains bearish in the short term. If BTC holds above $73,500, a recovery toward $75,700 is possible. A break below support could trigger further losses.
#NvidiaInvestigatesAfterHuang’sAffairApology #CPITestsDecemberRateOutlook #BitcoinFiveWeeklyLosses #AIChipSlumpNasdaq #ChinaCACListsFiveIssuesAffectingBlockchainFilings
