U.Today Analysis: Bitcoin drops approximately 1.8% to $80,100, testing the key support level at $80,000.
U.Today analysis indicates that Bitcoin's price has been gradually declining from its recent highs, currently down approximately 1.8% to $80,100, testing the critical support level of $80,000. This level is close to the 50-day moving average (around $80,300), and a break below it could lead to further declines into the $77,000-$78,000 range. In the short term, Bitcoin needs to hold above $80,000 and recover above $82,400 to reverse the downtrend.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
Goldman Sachs: U.S. Equity Market Sentiment Is Depressed, But Three Major Buying Forces Are Set to Return
-
2
AI supply chain credit cracks spark market concerns, 10-year US Treasury yield falls to 5.09%, a three-week low.
-
3
The KOSPI plunged 7.57% to close at 5554.22 points, triggering circuit breakers. Foreign investors net sold $3.6 billion in a single day.
-
4
The Office of the Comptroller of the Currency (OCC) investigation found that nine large banks restricted crypto accounts, but new rules will limit regulators from pressuring banks citing "reputational risk."
-
5
TSMC's Q4 revenue guidance exceeded expectations by 6% to $53.3 billion, with a full-year growth forecast raised to 44%, and consideration for further expansion in the US.
-
6
Goldman Sachs warns the AI industry faces a funding bottleneck, with cloud giants potentially needing to issue $400 billion in debt next year.
-
7
The KOSPI fell 7.57% on Thursday, closing at 5,554.22 points.
-
8
Ethereum co-founder Vitalik Buterin: The zkEVM speed war has been won, focus should shift to security
-
9
Lookonchain: ETH could drop further to $2,300.86 and $2,289.78, potentially liquidating a whale's $187.21M long position
-
10
Musk retweeted a post stating that China will produce a large amount of RAM in 2028.
Markets Today
Recommended Reading


