Analyst Sets Bitcoin’s Next Test at the $76K Level

Analyst identified $76,000 as Bitcoin’s main support after BTC fell to $76,400 following the reported $6.3 billion Binance hack. Short-term holders sent 36,600 BTC to exchanges at a loss within 24 hours, while realized losses reached $1.115 billion. A confirmed break below $76,000 could expose Bitcoin to 67,000-69,000, while reclaiming $82,000 could restore its bullish structure. Bitcoin fell to $76,400 after the major Binance hack, which analyst Doctor Profit called a black swan event. He cited roughly $6.3 billion in stolen funds and heavy selling by short-term holders.

Source: Crypto Front News