Bitcoin is now testing $75,000 — its lowest in seven weeks.
Bitcoin is trading near $75,500, down about 6% in 24 hours, after falling from above $80,000 yesterday.
It touched about $75,200 at its lowest today.
Resistance levels:
$78,191
$80,000
Support levels:
$75,000
$73,940
The drop came with a sharp sell-off in US tech stocks, and about $325 million in Bitcoin positions were liquidated in 24 hours.
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 $75,500, down about 6% in 24 hours, after falling from above $80,000 yesterday.
It touched about $75,200 at its lowest today.
Resistance levels:
$78,191
$80,000
Support levels:
$75,000
$73,940
The drop came with a sharp sell-off in US tech stocks, and about $325 million in Bitcoin positions were liquidated in 24 hours.
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
