Bitcoin fell below $69,000 after failing to break the resistance level at $72,000, entering a correction phase, and technical indicators have also turned bearish. The market focus is on Jane Street, which reportedly transferred 270 Bitcoins (worth $19 million) to an exchange, sparking concerns about potential selling pressure. The company's past activities during the Terra collapse and the selling pattern around 10:00 AM have fueled speculation about its market influence. Currently, the key support levels are in the $66,000 to $66,500 range.

BTC-4.12%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin