The Story
News Summary
- Bitcoin is under heavy selling pressure after breaking below $65k support.
- Declining hashrates and rising mining difficulty suggest a margin squeeze for miners, though mass capitulation hasn't occurred yet.
- With price falling below major moving averages, the technical outlook remains bearish with $60k as the next critical support.
Explore BTCUSD price history & advisor snapshot
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Stored market data
BTCUSD price history
77565.93
+13.58% over the displayed period
Advisor Snapshot
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