Thu, 02 Apbitcoin

New Bitcoin price lows on the table until $76K becomes support

Burns Brief

Bitcoin’s data show a series of bearish trading patterns that could usher in new price lows if the key support at $60,000 fails to hold 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’s data show a series of bearish trading patterns that could usher in new price lows if the key support at $60,000 fails to hold. Here’s why bulls need to take out $76,000.

Key Takeaways