Bitcoin Falls Below $80,000, This Week Will Be Very Critical: Analysis Company Issues Alarm for These Levels!
QCP Capital states that the $80,000 to $82,000 range is a critical resistance zone for Bitcoin. The leading cryptocurrency, Bitcoin, is trading below the $80,000 level, influenced by upcoming US inflation data and increasing expectations of a Fed interest rate hike. After rising above $82,000 last week, Bitcoin gave back some of its gains following the strong employment data released on Friday.