$BTC $80.4K - Hold or Break Down?
$BTC is currently at $80,400. Yesterday's low of $79,368 held. $79,500 support looks strong.
ETFs saw $301M in inflows this week, but there were outflows over the last 2 days too, so the price is stuck between $80K and $81K.
My view: As long as $79,500 holds, targets of $81,400 and $84K are in play. If $79,200 breaks, $78K is possible.
$ETH is holding the same support at $2,850. If BTC moves up, ETH will test $3K.
Are you long or short?
#BTC #ETH
$BTC is currently at $80,400. Yesterday's low of $79,368 held. $79,500 support looks strong.
ETFs saw $301M in inflows this week, but there were outflows over the last 2 days too, so the price is stuck between $80K and $81K.
My view: As long as $79,500 holds, targets of $81,400 and $84K are in play. If $79,200 breaks, $78K is possible.
$ETH is holding the same support at $2,850. If BTC moves up, ETH will test $3K.
Are you long or short?
#BTC #ETH
