Bitcoin Risks Losing $77,700 Support as Recent Buyers Fall Underwater
Analysis warns Bitcoin could turn $77,700 into resistance as recent buyers move into an aggregate loss. CryptoQuant data shows BTC trading below its realized price.
Bitcoin (BTC) risks turning $77,700 into new resistance as recent buyers fall into an aggregate loss, analysis warns.Key points:Bitcoin’s $77,700 cost basis could become resistanceData from onchain analytics platform CryptoQuant shows that BITSTAMP:BTCUSD is now trading below the realized price, or…