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Bitcoin Price Today: Weak Bounce Puts $75K In Play If $80K Breaks

Bitcoin Price Today: Weak Bounce Puts $75K In Play If $80K Breaks

Photo: Coinpedia

Bitcoin is trading near $80,620 after sweeping liquidity below recent lows and bouncing back higher. The rebound has so far lacked strength, leaving the market in an uncertain position heading into a week packed with macro events, including the Federal Reserve’s rate decision. The $80,000 level is now the key line to watch. A failure to hold it could trigger another sweep of the lows and a quick slide toward the $75,000 to $76,000 zone. That would mark Bitcoin’s lowest levels since its rebound from the October 15 dip. Ether is trading around $2,342.

Source: Coinpedia

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