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Bitcoin Stays Below $87,500 Threshold in Conditional $90,000 Scenario

Bitcoin Stays Below $87,500 Threshold in Conditional $90,000 Scenario

Photo: TokenPost

Bitcoin (BTC) traded at $81,561 as of 9:19 a.m. ET (13:19 UTC) Friday, below the $87,500 threshold in a technical scenario for a possible move toward $90,000. The scenario places an obstacle zone between $84,000 and $86,000. It makes the $90,000 level conditional on Bitcoin first clearing $87,500. At the supplied snapshot time, Bitcoin had not crossed that threshold, and no breakout was confirmed. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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