财经少华
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If BTC breaks below $72,000, it may face greater downside risks
The price of Bitcoin has fallen below two important support levels, namely around $93,000 and $87,000, and has previously dipped to $76,000. These levels are typically viewed as significant support for the market, and the current breach may indicate a shift in market sentiment.
The cost price for short-term holders is around $93,000, and the Bitcoin price is currently fluctuating between $87,000 and $73,000, but is close to testing the lower limit of $72,000. If it breaks below this level, it could undermine the confidence of short-term investors and lead to further price declines.
Additionally, there are deeper support zones around $65,000 and $71,000 for Bitcoin, but these levels are in low liquidity areas. If the price falls into this range, it could trigger significant volatility while attracting long-term investors to buy the dip.
The price of Bitcoin has fallen below two important support levels, namely around $93,000 and $87,000, and has previously dipped to $76,000. These levels are typically viewed as significant support for the market, and the current breach may indicate a shift in market sentiment.
The cost price for short-term holders is around $93,000, and the Bitcoin price is currently fluctuating between $87,000 and $73,000, but is close to testing the lower limit of $72,000. If it breaks below this level, it could undermine the confidence of short-term investors and lead to further price declines.
Additionally, there are deeper support zones around $65,000 and $71,000 for Bitcoin, but these levels are in low liquidity areas. If the price falls into this range, it could trigger significant volatility while attracting long-term investors to buy the dip.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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