Galaxy research director: BTC may retest the range of $75,000 to $85,000, with the support level at $81,600

BlockBeatNews
BTC-2,56%
ALEX-0,92%
MA-1,94%

BlockBeats News, on February 26, Galaxy research director Alex Thorn stated, ‘According to the analysis of the supply (URPD) transferred from BTC at the last price, there is almost no trading in the range of $75,000 to $85,000, as the price quickly broke through this range in November, and the market may want to test this range. The 200-day Moving Average (MA) is $81,600, which may provide support if the price retraces to this range.’

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)