Source: CryptoPotato ↗
Bitcoin Price Analysis: BTC Stalls Near $80K Ahead of a Potential Volatility Storm
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What the source reports
Bitcoin is trading near $79K after a sharp recovery from the $60K area, but the latest price action suggests that momentum is losing some steam beneath a major resistance zone. Meanwhile, adjusted SOPR has rebounded above 1, pointing to improving on-chain profitability, although the short-term price structure still requires a breakout for the recovery to […]
Read the original report on CryptoPotato ↗Live market context
BTC Bitcoin
$65,763.81
-4.57% · 24h
23 supported listings
MAJOR Major
$0.0269
-4.68% · 24h
3 supported listings
Market figures are live reference data, not evidence that this report caused a price movement. Not financial advice.
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Bitcoin Price Analysis: Where Is the Bottom as BTC’s Correction Accelerates?
Bitcoin’s correction has sped up over the past week and is now dropping almost vertically. It currently trades around $65K after cutting through several support levels. The latest drop pushed BTC below its daily ascending channel and the key $70K support zone, which leaves deeper demand areas exposed. Meanwhile, the Adjusted SOPR metric indicates that […]