$BTC Bitcoin is facing strong selling pressure and recently dropped near $76,400, its lowest level since September 18.
The decline is linked to the reported Binance security breach, which triggered panic across the crypto market and heavy liquidations.
CoinDesk +1
š Key Market Levels
Current zone: $76,000ā$77,000
Support: $75,000
Resistance: $80,000
Major resistance: $82,000
š® Market Outlook
Short-term: Bearish ā ļø
If Bitcoin stabilizes and buying demand returns, a recovery is possible. However, continued selling pressure could push prices lower.
Market sentiment: Bearish
Trend: Volatile
Risk: High
#UniswapA16zSeekDeFiExemptionFromIllinoisCryptoTax #HKDollarStablecoinHKDAPToLaunchOnSolana #BTCčµ°åæåę
The decline is linked to the reported Binance security breach, which triggered panic across the crypto market and heavy liquidations.
CoinDesk +1
š Key Market Levels
Current zone: $76,000ā$77,000
Support: $75,000
Resistance: $80,000
Major resistance: $82,000
š® Market Outlook
Short-term: Bearish ā ļø
If Bitcoin stabilizes and buying demand returns, a recovery is possible. However, continued selling pressure could push prices lower.
Market sentiment: Bearish
Trend: Volatile
Risk: High
#UniswapA16zSeekDeFiExemptionFromIllinoisCryptoTax #HKDollarStablecoinHKDAPToLaunchOnSolana #BTCčµ°åæåę
