$BTC Crashed through 78000 tonight, and is now hovering around 77670. It’s been sliding all day from the morning high of 78878, dipping just above 77600 at its lowest. It’s down about 0.4% over the past 24 hours. The previous afternoon’s pullback managed to recover, but this time it’s broken through for real, and it’s still edging toward the daily low.

First, I’m watching to see whether the 77600 area holds. If it does, then we can consider whether it can get back to 78000. If it keeps falling, then the day’s earlier rally will have been for nothing. $ETH is holding up relatively well, around 2279, still up half a percent on the day. This is not financial advice.

#BTC #MarketAnalysis