btcprices

Just checked the charts, and $BTC just hit its 7th straight daily red candle. This really extends the correction we've been seeing, pushing us right up against some big psychological support levels. It's a tough period for the entire market, with even $ETH feeling the pressure.

Sellers really drove the price down, hitting a daily low of $59,498.80. We even briefly slipped under that critical $60,000 mark before finding a bit of a bounce back to $59,755.87.

It feels like we're definitely in a maximum pain zone right now. The bulls are really trying hard to get $60K back as solid support.

So, what's everyone's move looking like today?

#Bitcoin #CryptoMarket #BTCPrices #MarketUpdate #OnChain

Bitcoin Drops Below $78K – Crypto Longs Lose $580M
BTC slid amid global bond selloff and inflation fears, triggering a liquidation cascade. Longs wiped out hundreds of millions as price tested lower supports. Traders watching for rebound or further correction. #bitcoin #BTC #btcprices #news