CryptoCointelegraphabout 2 hours ago
Bitcoin Falls Below $77,700 Support Level
3 min read
Bitcoin price dropped below $76,500, breaching the $77,700 cost basis for buyers from one to three months ago. Data from CryptoQuant indicates this move risks flipping the level into new resistance. Short-term holders now face a net loss with a cost basis of $75,832, while the nearest lower support band sits at $68,400.
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