menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

Bitcoin Pr...
source image

Cryptopotato

2w

read

307

img
dot

Image Credit: Cryptopotato

Bitcoin Price Analysis: BTC May Drop to $68K if $80K Support Fails

  • Bitcoin continues to hover near the $82,000–$85,000 range as buyers struggle to regain momentum.
  • On the daily timeframe, BTC is attempting to defend the $80K support zone after another rejection from the $88,000 resistance and the 200-day moving average nearby.
  • On the 4-hour chart, BTC was recently rejected sharply from the red resistance zone around $88,000 after consolidating below it for several days.
  • Miner Reserve continues its long-term decline, marking one of the most sustained distribution trends by miners in years.

Read Full Article

like

18 Likes

For uninterrupted reading, download the app