Bitcoin to $50K? The One Crucial Level BTC Bulls Must Defend Right Now
Visit this link to make money with bitcoin and other cryptocurrencies. Receive daily altcoin signals with the best crypto trading startegy - https://telegram.me/freecryptosignalsdaily The $76,500 area became an important short-term reference after BTC slipped below it for the first time since August 23. Bitcoin (BTC) sat near $77,000 today, clawing back part of a slide that took it under $76,500 earlier in the week after fresh US-Iran strikes spooked the markets. Analysts are now split on whether the dip was a shakeout before another push higher or the first sign of a deeper pullback. Traders Watch the $83,000 Gap Analyst NoName is watching the CME futures gap above the current price and considers $83,000 the line that decides what happens next. They wrote that Bitcoin needs “the level that separates a real reversal from another relief rally” with a daily close above it backed by real spot volume. Without that close, they are treating the recent bounce as a r...