Otherside
@otherside
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Bitcoin bounces at 1-month lows — Watch these BTC price levels next.
Bitcoin hodlers’ realized price levels are the ones to watch if established support at $65,000 fails to hold, says the latest BTC price analysis.
1.BTC price bottom levels track hodlers’ cost basis
“Bitcoin just lost technical support at the 50-Day Moving Average,” Keith Alan, co-founder of trading resource Material Indicators, wrote in part of market coverage on X.
2.Bitcoin trader watches for “illiquid squeeze”
Earlier, Cointelegraph reported on concerns that $60,000 may still return to the BTC/USD chart — and that even this might not hold as support.
Should such a scenario occur, longtime trader Peter Brandt warned, the path to as low as $48,000 will come into play. 0 reply
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