Daily Market Analysis - BTC
The market ran up to 276B, and has since moved down to 269.51B. Dominance is down to 57.19%. The price of Bitcoin has managed to stay above it's support level of 8500.
Key levels of support and resistance
Support - 8500
Resistance - 8800
If support at 8500 breaks down, the critical level of support is at 8200, which is illustrated by the yellow circle. If broken, the channel would become invalidated.
Key levels of support and resistance
Support - 8500
Resistance - 8800
If support at 8500 breaks down, the critical level of support is at 8200, which is illustrated by the yellow circle. If broken, the channel would become invalidated.
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