coin-img-ETHETH+3.23%coin-img-BTCBTC+2.40%coin-img-UCNUCN+0.31%coin-img-SOLSOL+3.05%coin-img-XRPXRP+1.44%coin-img-USDCUSDC+0.02%coin-img-ADAADA+0.86%coin-img-DOGEDOGE+2.21%coin-img-ETHETH+3.23%coin-img-BTCBTC+2.40%coin-img-UCNUCN+0.31%coin-img-SOLSOL+3.05%coin-img-XRPXRP+1.44%coin-img-USDCUSDC+0.02%coin-img-ADAADA+0.86%coin-img-DOGEDOGE+2.21%coin-img-ETHETH+3.23%coin-img-BTCBTC+2.40%coin-img-UCNUCN+0.31%coin-img-SOLSOL+3.05%coin-img-XRPXRP+1.44%coin-img-USDCUSDC+0.02%coin-img-ADAADA+0.86%coin-img-DOGEDOGE+2.21%coin-img-ETHETH+3.23%coin-img-BTCBTC+2.40%coin-img-UCNUCN+0.31%coin-img-SOLSOL+3.05%coin-img-XRPXRP+1.44%coin-img-USDCUSDC+0.02%coin-img-ADAADA+0.86%coin-img-DOGEDOGE+2.21%
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Semilore Faleti

Bitcoin Near $85,000 Support As Bearish Pattern And Weak On-Chain Activity Emerge

Bitcoin is trading just above the key $85,000 area, a level that analysts view as both psychological and technically important. CryptoOnchain points to a descending triangle pattern and low exchange withdrawal activity, with the latter dropping to around 5,000 transactions, the lowest level since 2016. If this support fails and buyer demand remains weak, analysts warn the price could fall quickly, even as Bitcoin currently trades near $87,410 with little short-term movement.
BTC
BTC+2.47%
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