XAU/USD4,699.34+0.28% BTC/USD77,811-0.76% ETH/USD2,321-0.29% SOL/USD186.34+0.43% EUR/USD1.0934+0.12% GBP/USD1.2641-0.08% USD/JPY153.42+0.22% AVAX/USD9.44+0.35% WTI78.21+1.04% DXY104.18-0.14% SPX5,812+0.31% NDX20,341+0.48% XAU/USD4,699.34+0.28% BTC/USD77,811-0.76% ETH/USD2,321-0.29% SOL/USD186.34+0.43% EUR/USD1.0934+0.12% GBP/USD1.2641-0.08% USD/JPY153.42+0.22% AVAX/USD9.44+0.35% WTI78.21+1.04% DXY104.18-0.14% SPX5,812+0.31% NDX20,341+0.48%

CRYPTO 6D AGO Source: E27

From US$60K to US$55K: The data pointing to Bitcoin’s next leg down

Bitcoin currently sits at US$62,864.20 and presents a truly fascinating case study in market manipulation and leveraged gambling. Many retail participants mistakenly view the recent price action as a genuine recovery. The current rally completely lacks genuine structural support. The US$60,000 level demonstrates weak buying pressure, and we have witnessed three lower lows since mid-May. [...] The post From US$60K to US$55K: The data pointing to Bitcoin’s next leg down appeared first on e27 .

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