A large share of the capital invested in Bitcoin changed hands between $75 000 and $85 000. About $26 billion changed hands at the current price level alone. At current prices, only about 30% of invested capital is in profit, or roughly $328 billion, compared with $756 billion at a loss. bitcoin:native is struggling to hold above $75 000. Less capital changed hands at price levels between $75 000 and $70 000. If $75 000 gives way, the area around $70 000 could be the next support level.
DarkfostShare

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.