Key points:
-
Bitcoin has been facing intense selling pressure, opening the doors for a fall to the crucial support at $73,777.
-
Several major altcoins have slipped below their support levels, indicating that bears remain in firm control.
Bitcoin (BTC) attempted a recovery on Friday, but the bears continued to exert pressure, bringing the price as low as $80,000 at Binance. The sentiment remains weak as US stock markets deepened their correction this week amid concerns about excessive valuations…
Read the full article here
