Bitcoin Dips Under $75,000: How Far it Can Drop Next?

After dropping to $75,500 earlier today, the 0.382 Fibonacci level at $76,014 was tested as support earlier today has now been lost. Price is currently sitting in open space between that level and the next meaningful floor.

What’s below current price

The first level to watch is around $74,300, where price found support on May 23 and briefly stopped the drop before recovering. That level showed buyers once already – whether they show up again is the question the next few hours will answer.

If ...