Bitcoin Breaks Below 80,000 as Wave C Extends Toward 75,200…
By Karthik Subramanian
AI summary of the source article
Bitcoin fell after breaking below its key 80,000.00 support zone and is projected to decline toward the 75,200.00 level. The downward move is accompanied by bearish sentiment tied to a reported Binance hack.
Key facts
- Bitcoin broke below the key support zone around the 80,000.00 level.
- The cryptocurrency is expected to decline further toward the next support level at 75,200.00.
- Bearish crypto sentiment was reported alongside news of a Binance hack.
Source excerpt · FinanceFeeds
Bitcoin cryptocurrency can be expected to fall further toward the next support level 75200.00 (which stopped the previous correction 4 in the middle of September). Bitcoin broke support zone Likely to fall to support level 75200.00 Bitcoin cryptocurrency continues to fall after the earlier breakout of the support zone between the key support level 80000.00 (which has been reversing the price from…