$BTC Bitcoin currently has several support levels, says independent IT technology consultant Roman Nekrasov. The first level is around $68–$69 thousand: here, those who were waiting for its decline below the psychological mark of $70 thousand will start buying it back, the expert explains. According to him, at this level, Bitcoin will "stay put for a few days."
"Usually, after breaking through such psychologically significant levels, Bitcoin begins to recover — some investors reduce their positions, while others, on the contrary, increase their exposure to the asset, expecting further growth."
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$BTC Bitcoin currently has several support levels, says independent IT technology consultant Roman Nekrasov. The first level is around $68–$69 thousand: here, those who were waiting for its decline below the psychological mark of $70 thousand will start buying it back, the expert explains. According to him, at this level, Bitcoin will "stay put for a few days."
"Usually, after breaking through such psychologically significant levels, Bitcoin begins to recover — some investors reduce their positions, while others, on the contrary, increase their exposure to the asset, expecting further growth."