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Bitcoin Price Remains Under Pressure Above Key Support

From dailyforex.com

Bitcoin price remained in a tight range slightly above the important support level of $60,000. The BTC/USD pair was trading at 61,825 on Thursday, a few points above the year-to-date low of 59,185. This retreat may continue as investors focus on the upcoming SpaceX IPO. Bitcoin Demand Remains Thin Amid Tech Hype The BTC/USD pair has remained inside a narrow range this week after it plunged to its lowest level since 2024. This is happening amid the ongoing indecision among investors and as liquidity dries in the industry, as focus shifts to the upcoming SpaceX IPO. The company plans to raise $75 billion at a $1.78 ... (full story)

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  • Category: Technical Analysis