Price action shows BTC may have enjoyed a run up and may now be experiencing a retracement. As price hovers slightly above two support levels and with the markets beginning to show signs of weakness and market participants looking to see the reaction of markets off the back of Lazarus's $1.5bn Bybit hack. A breach of support at 91-92k could see price head to levels as low as 65-72k and if this does materialise it could just be the start with FV levels showing as low as 25-30k
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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.