FxPro Analyst: BTC's key technical support level is still above $54,000
FxPro senior market analyst Alex Kuptsikevish stated that despite the weak dollar, the financial market is still in a state of anxiety and anticipation. This doesn't help Bitcoin as much as it does gold. The key technical support level for BTC is still slightly above $54,000, but if volatility spikes, the price could briefly fall below $53,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BNB Treasury company CEA Industries appoints digital asset expert Annemarie Tierney as director
Turkmenistan passes crypto asset regulation bill, to take effect on January 1 next year
CME: BrokerTec U.S. active markets have resumed trading
CME: All markets remain suspended except for the BrokerTec EU market