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Home›Crypto›Market Structure›Bitcoin risks sliding toward $80,000 if it breaks $84,…

Bitcoin risks sliding toward $80,000 if it breaks $84,000

FxPro says a move below $84,000 would shift control to sellers, with $80,000 a nearby downside level.

Reported · Written up by our desk · Market Structure

Bitcoin is testing a key level, with FxPro warning that a slide below $84,000 could put the $80,000 area back in focus.

According to the same view, a drop under $84,000 would hand control to sellers.

CoinDesk links the timing to upcoming minutes from the Fed's last meeting, which are due Wednesday.

Latest closeBitcoin $86,251.05 ▲0.5%

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Sources

CoinDeskLive updates: A drop below $84,000 could put $80,000 in play for bitcoin

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