New data from crypto analytics platform IntoTheBlock indicates that Bitcoin (BTC) is facing further downside pressure. According to the market intelligence firm, the crypto king’s recent drop below $60,000 – a critical demand zone historically – could cause it to see further price cuts. “Bitcoin has breached its $60,000 support level, a critical demand zone. […]

The post Analytics Platform IntoTheBlock Says Bitcoin Faces Further Downside Pressure, Outlines Critical Demand Zones appeared first on The Daily Hodl.

...
Continue reading Analytics Platform IntoTheBlock Says Bitcoin Faces Further Downside Pressure, Outlines Critical Demand Zones

The post Analytics Platform IntoTheBlock Says Bitcoin Faces Further Downside Pressure, Outlines Critical Demand Zones appeared first on The Daily Hodl.
Bitcoin (COIN:BTCUSD)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Bitcoin Charts.
Bitcoin (COIN:BTCUSD)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Bitcoin Charts.