'Historical average' could push Bitcoin bottom at $57K level: Analyst
Burns Brief
Bitcoin was “rejected” from the $80,000 price level, which is its next resistance zone on the way to reclaiming the $100,000 psychological price level Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch $BTC for reaction — a decisive move above or below key levels will confirm the next trend.
Bitcoin was “rejected” from the $80,000 price level, which is its next resistance zone on the way to reclaiming the $100,000 psychological price level.
Key Takeaways
- Bitcoin was “rejected” from the $80,000 price level, which is its next resistance zone on the way to reclaiming the $100,000 psychological price level