22-06-2024 01:00 via newsbtc.com

Bitcoin Slips Under $64,000: Here’s Where The Next Support Is

Bitcoin has continued its recent bearish trajectory during the past day as the asset’s price has now slipped under $64,000. Here’s what the next support looks like for BTC.
Bitcoin Has Strong On-Chain Support Between $61,900 & $63,800
According to data from the market intelligence platform IntoTheBlock, BTC is floating just above a critical on-chain demand zone. Demand zones refer to price ranges where many investors last bought their coins.
These ranges can be determined through
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