Bitcoin just slipped under $84K, and this level really matters 👀
$BTC has now been rejected at $87K three times since Sept 23. Analysts say losing $84K could hand control to sellers, with $80K as the next area in play.
Oil jumped on tanker attacks and the dollar is climbing too, which usually isn't great for risk assets. Stocks are at record highs while crypto sits in a range, so it's lagging for now.
Also on my radar: the Fed minutes come out today, and $ETH is down around 3% near $2.6K.
I'm not panicking and I'm not chasing. I'm waiting to see how the chart reacts here.
Where do you think support holds: $84K, $80K, or lower? 👇
#Bitcoin #BTC #ETH #CryptoNews #BinanceSquare
Not financial advice.
$BTC has now been rejected at $87K three times since Sept 23. Analysts say losing $84K could hand control to sellers, with $80K as the next area in play.
Oil jumped on tanker attacks and the dollar is climbing too, which usually isn't great for risk assets. Stocks are at record highs while crypto sits in a range, so it's lagging for now.
Also on my radar: the Fed minutes come out today, and $ETH is down around 3% near $2.6K.
I'm not panicking and I'm not chasing. I'm waiting to see how the chart reacts here.
Where do you think support holds: $84K, $80K, or lower? 👇
#Bitcoin #BTC #ETH #CryptoNews #BinanceSquare
Not financial advice.