Bitcoin chops between $70k and $77k as crypto lags stocks
Traders see BTC in a key support zone but weak relative to equities, with ZEC breaking below $1K and BlackRock reportedly selling $78M of BTC.
What we know
One trader expects chop between $70k and $77k. Another notes BTC is at a long-awaited level while crypto remains weak relative to stocks. ZEC lost the $1K area, with a liquidation cluster at $800–$900. A report says BlackRock sold $78.24M of BTC, which a trader called minor.
How the story developed
Traders see BTC in a key support zone but weak relative to equities, with ZEC breaking below $1K and BlackRock reportedly selling $78M of BTC.
Traders see Bitcoin chopping between roughly $70k and $77k while crypto underperforms equities since the midterms.
What people are posting
Posts on X this story draws on. They are individual users' views and have not been verified by Global Eye 24.
“likely to chop everyone to bits between 77k and 70k”
View post →“$ZEC Seeing further continuation down after losing the $1K area”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.