The Crypto Markets Are Looking for Support
Bitcoin has lost 6% in the last 24 hours, at one point falling to $81K and repeating the lows of late November. Now the market is testing the strength of the support that withstood the onslaught of sellers last year. Another 10K below is the area where the peak values for 2021–2022 and the first half of 2024 are concentrated. If it fails to hold, catch BTC at $52-60K. However, in the coming days, it is still worth focusing on BTC’s dynamics near $80K, which may not be so easy to break through and which many see as a buying opportunity.
Crypto News
More than 22% of the market supply of Bitcoin is in the red. Critical support for BTC is located at $83,400, according to…
