Home > Quick > Body

Galaxy Research Director: Bitcoin may re-test the $75,000 to $85,000 range, with support at $81,600

clock
2025-02-25 17:00:35
Alex Thorn, head of research at Galaxy, wrote: "According to the URPD analysis from Bitcoin's last transfer by price, the $75,000 to $85,000 range is barely trading, as the market may want to test the range as the price quickly broke out of the range in November. The 200-day moving average (MA) is at $81,600, which could provide support if the price backtests the range."
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.