Bitcoin’s price remains volatile, fluctuating around the $70,000 mark. While analysts are identifying key support and resistance levels, some predict a potential rally towards $78,000, contingent on maintaining a crucial support level. Meanwhile, large transaction volume has decreased, and daily active addresses have seen a slight increase.
Results for: Support Levels
Zscaler’s recent decline has paused around the $156.50 mark, a key support level previously tested in May and August. This rebound, driven by investor psychology and technical analysis, suggests potential for further upside as buyers capitalize on the opportunity.
Dollar Tree’s stock has repeatedly found support at the $84.50 level, showcasing a phenomenon known as ‘market memory.’ This suggests a potential rally as anxious buyers might drive the price higher.