Down but not out. Bitcoin’s stair-step bullish trajectory is still intact
Bitcoin dipped to around $84,200 on Wednesday but stayed inside its recent range, keeping the broader bullish stair-step trajectory intact.
Make preferred on
Поделиться этой статьей
Кратко
- Bitcoin fell to about $84,200 on Wednesday but remained within the $83,000-to-$87,000 range that has preserved its bullish stair-step pattern since July.
- Analysts said support near $83,000 is crucial, with a sustained break below $82,000 to $83,000 signaling that September’s breakout has failed.
- If that support gives way, Bitcoin could retreat toward $80,000 to $81,500, while holding it would suggest sellers cannot push the cryptocurrency back into its previous trading range.
Related Assets
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Why it matters:
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
