Home UncategorizedBitcoin Risks Further Slide as Momentum Weakens Below Key Support

Bitcoin Risks Further Slide as Momentum Weakens Below Key Support

by Vivek Kumar
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Bitcoin Risks Further Slide as Momentum Weakens Below Key Support

In brief

  • Bitcoin is holding above the $74,000 level, but analysts say momentum remains fragile and downside risks persist.
  • QCP Capital is warning a break below could deepen losses, while relief likely requires a move back above $80,000.
  • Macro uncertainty, policy risk, and leveraged positioning continue to weigh on confidence across crypto markets, Decrypt was told.

Bitcoin has stabilized after a sharp selloff, but weakening momentum below key support levels has left it and the broader crypto market…

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