$BTC is trading between $75,700 and $76,300, consolidating as the market recovers from October's volatility.
Market Situation: Retail panic has subsided, leading to a steady phase of tightening supply and lower exchange reserves.
Bearish Targets: The immediate downside support sits at $75,000. If selling pressure breaks this floor, a deeper correction could test $70,000. However, data suggests an 88.5% chance that $75,000 holds.
#btc #follower
Market Situation: Retail panic has subsided, leading to a steady phase of tightening supply and lower exchange reserves.
Bearish Targets: The immediate downside support sits at $75,000. If selling pressure breaks this floor, a deeper correction could test $70,000. However, data suggests an 88.5% chance that $75,000 holds.
#btc #follower
