Bitcoin lost $80,000 — and $75,000 is now the level to watch.
Bitcoin is trading near $76,100, after dropping below $78,000 and touching about $75,500 — its lowest in seven weeks.
Ethereum is down too, near $2,240, down about 7% in 24 hours.
Resistance levels:
$76,100
$78,191
$80,000
Support levels:
$75,000
$73,940
$71,888
Bitcoin was above $80,000 just a day ago. The drop came fast, and today about $2.65 billion in Bitcoin options expire — so the next move could come quickly.
Which level are you watching first — support or resistance?
Market information only, not financial advice. DYOR.
#BTC #Bitcoin #CryptoMarket
Bitcoin is trading near $76,100, after dropping below $78,000 and touching about $75,500 — its lowest in seven weeks.
Ethereum is down too, near $2,240, down about 7% in 24 hours.
Resistance levels:
$76,100
$78,191
$80,000
Support levels:
$75,000
$73,940
$71,888
Bitcoin was above $80,000 just a day ago. The drop came fast, and today about $2.65 billion in Bitcoin options expire — so the next move could come quickly.
Which level are you watching first — support or resistance?
Market information only, not financial advice. DYOR.
#BTC #Bitcoin #CryptoMarket
