FxPro Analyst: BTC's key technical support level is still above $54,000
FxPro senior market analyst Alex Kuptsikevish stated that despite the weak dollar, the financial market is still in a state of anxiety and anticipation. This doesn't help Bitcoin as much as it does gold. The key technical support level for BTC is still slightly above $54,000, but if volatility spikes, the price could briefly fall below $53,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: In the past 24 hours, CEX saw a net outflow of 19,541.03 BTC
The altcoin season index remains at a low level, currently at 22.
By the end of December, approximately 1.5 million ETH will be unstaked.
A trader's $6.5 million MON long position was liquidated, resulting in a loss of $1.9 million.
Trending news
MoreCrypto prices
More
