📉 #Bitcoin on the edge: the digital currency struggles to stay above a critical support.
🔍 According to technical analysis, if bitcoin falls below $90,000, there are no clear barriers (supports-resistances) to prevent a drop to $74,000.
🔵 More than USD 500 million were liquidated from traders with the drop in #bitcoin.
🔵 Bitcoin #ETF had the second worst day in its history. More than $580 million were withdrawn from the funds this Wednesday.
🔵 El Salvador bought the dip of #BTC. They added another 11 bitcoins to their reserve, which continues to increase by 1 BTC daily as part of their strategy.
🔵 The US will sell 69,000 BTC two weeks after Trump assumes the presidency. The Department of Justice authorized the sale of these BTC, coming from the seizure of Silk Road.
🔵 #XRP maintains a solid bullish pattern, despite the drop. In 30 days, it remains up 3% and is holding at $2.3.