Crypto down bad: Bitcoin support in focus, traders frustrated
Traders across CT describe a brutal tape, with longs underwater and Bitcoin's 76.5 level flagged as the bearish line in the sand.
What we know
An account on X flags 76.5 as the bearish line on BTC. Another account on X was stopped out of a BTC long. Another account on X says the timeline is the most down bad he's seen, and another account on X admits to feeling foolish. Meanwhile another account on X pitches a contrarian 'next Bitcoin' narrative.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.