
财经少华|Apr 10, 2025 11:50
If BTC falls below $72000, it may face greater downside risk
The price of Bitcoin has fallen below two important support levels, around 93000 and 87000, and has previously dropped to 76000. These positions are usually regarded as important support levels for the market, and a current drop may indicate a change in market sentiment.
The cost price for short-term holders is about 93000, and the price of Bitcoin is currently fluctuating within the range of 87000 to 73000, but is close to the testing lower limit of 72000. If it falls below this level, it may undermine short-term investor confidence and lead to further price declines.
In addition, Bitcoin has deeper support zones around 65000 and 71000, but these positions are in low liquidity areas. If the price falls into this range, it may cause significant fluctuations and attract long-term investors to buy at the bottom.
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