Bitcoin Price Risks $76K Drop as $78K Support Weakens
12 Articles
12 Articles
Bitcoin price risks $76K drop as $78K support weakens
Bitcoin price fell below $79,000 on Sept. 8 as weakening capital flows and nearby liquidation clusters increased the risk of a deeper pullback toward $76,000. Bitcoin price falls below $79,000 According to data from crypto.news, Bitcoin (BTC) price traded at…
Bitcoin falls below $79,000 ahead of US inflation data. Here’s what’s weighing on crypto
Bitcoin fell below $79,000 as strong US employment data revived expectations of tighter Federal Reserve policy. Rising oil prices and US-Iran tensions added inflation concerns ahead of US data, while institutional ETF inflows offered support despite weakening short-term momentum and cautious sentiment.
Bitcoin slips under $79,000, Zcash leads losses as Fed hike odds hold near 60%
Bitcoin Price Loses Steam as Bears Circle Critical $78K Floor
Bitcoin’s price was trading between $78,060 and $78,500 on Tuesday morning around 8 a.m. EDT, after pulling back from the $80,537 area, leaving short-term sellers with an edge even as longer-term technical measures remained constructive. The split leaves bitcoin’s price walking a tightrope between support around $78,170-$78,193 and resistance stretching from roughly $78,430 to $80,537. […]
Cryptocurrencies fall to $78,000 while investors raise the probability of a rate rise in September to 58.7% and US debt again offers returns close to 5%.
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