1 month ago
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Key Takeaways
- $75.9K remains Bitcoin’s first key support.
- Recent buyers are back above break-even.
- One ETF inflow does not prove demand.
- Open interest can amplify either breakout direction.
- $81.5K remains the level buyers must clear.
$75.9K is holding, but $81.5K is still unclaimed
Bitcoin has spent more than a week holding above the first Fibonacci retracement support of its recent advance. On the daily BTC/USD chart, $75,880 marks the 23.6% Fibonacci level, while $81,480 remains the recent high that BTC has not yet reclaimed.
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