Can $BTC hold the $75k level?
A daily break and close below the $75k level might take bitcoin to $68k-$65k level where the next support stands.
$75k needs to hold because it's still acting as a major level of support on the weekly timeframe as the 50-SMA (Weekly Simple Moving Average). If bitcoin loses this level on the weekly the bull market might be delayed.
A daily break and close below the $75k level might take bitcoin to $68k-$65k level where the next support stands.
$75k needs to hold because it's still acting as a major level of support on the weekly timeframe as the 50-SMA (Weekly Simple Moving Average). If bitcoin loses this level on the weekly the bull market might be delayed.
