#Bitcoin Trading around $86k now
WHY IS MARKET DOWN AGAIN..?
The crypto market fell 1.3% over the last 24h, extending a 7-day decline of 8.6%. Bitcoin’s breakdown below $90K triggered panic selling, while Ethereum’s retail activity hit yearly lows.
CONCLUSION -
Bitcoin’s failure to hold $90K,
and,
Ethereum’s eroding user base combined with speculative quantum fears to drive today’s decline.
The market’s path hinges on whether $BTC stabilizes above its 200-day MA and if ETH can reignite network activity.
With #FearGreedIndex at 21, could this pessimism mark a contrarian buying zone, or foreshadow deeper cuts?
Now,
Watch Bitcoin’s $86K level and ETH’s $2,800 support for clues.
The Current price of $BTC
And,
The Current price of $ETH
Anyways,
Always #DYOR and Trade wisely by using #StopLoss in Crypto Market.
It's #Write2Earn topic too..