Source: BeInCrypto ↗
Bitcoin's Last Line of Defense is Cracking, and There are No Buyers Below It
Translation unavailable. Please try again.
What the source reports
Bitcoin price breaks key support as Tether supply shrinks and ETFs bleed $696 million. See the levels BTC must hold. The post Bitcoin's Last Line of Defense is Cracking, and There are No Buyers Below It appeared first on BeInCrypto.
Read the original report on BeInCrypto ↗Live market context
BTC Bitcoin
$65,323.77
-4.88% · 24h
23 supported listings
USDT Tether
$0.9991
+0.00% · 24h
5 supported listings
Market figures are live reference data, not evidence that this report caused a price movement. Not financial advice.
Related news
Open news desk →Bitcoin falls below $68,000 as ETF outflows extend to seventh straight day
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 […]
Bitcoin’s Crash Isn’t Over Yet? Analysts See More Downside Toward $60K
Bitcoin's collapse has accelerated dramatically over the past several days, but the rebound might not be coming soon.