Analysis on BTC/USD
Bitcoin broke its support at $3,750 and now $3,750 is the current resistance. BTC went all the way till below $3,300 and did a slight recovery and is now back at $3,500. This is one of the lowest we have ever seen bitcoin at. Together with it, most cryptocurrency fell by the same or even more %. Market is very volatile now and if you want to hedge your risk, you can do it by swapping some of your crypto assets into stable coins like USDT, USDC or TUSD.
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