Overcoming resistance, Bitcoin faces the risk of discount
Bitcoin (BTC) has adjusted after a recent strong increase, currently trading around US $ 76,300, down 0.27% in the day.
On the 4 -hour chart, although the increasing trend is still supported and parallel price channels have been broken, there are signs that show a potential peak about 77,000. The current support level is about 74,727 USD. If this level is surpassed, it can cause BTC to decrease deeper, capable of reaching $ 72,646.
On the 4 -hour chart, although the increasing trend is still supported and parallel price channels have been broken, there are signs that show a potential peak about 77,000. The current support level is about 74,727 USD. If this level is surpassed, it can cause BTC to decrease deeper, capable of reaching $ 72,646.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.