Coinbry

  • Market Cap: $1,635,292,050,102.26
  • 24h Vol: $93,719,918,176.04
  • BTC Dominance: 50.29%
Bitcoin traders identify critical price levels as $34K fights to maintain its position

Bitcoin traders identify critical price levels as $34K fights to maintain its position

BTC price is experiencing a consolidation phase after failing to surpass recent 17-month highs.

BTC fell below $34,000 after the Wall Street open on October 26.

$33,000 is seen as a crucial level to hold for BTC price.

Market participants have different price zones of interest, with $36,000 and $45,000 being mentioned as potential targets.

Some traders believe that the $20,000 CME gap fill is unlikely to happen during the current market conditions.

Investors should conduct their own research and be aware of the risks involved in cryptocurrency trading.

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