As of today, February 5, BTC is currently testing the $66,000,$68,000 zone. Most analysts agree that this area supported by the 200 week moving average is the "last line of defense."
If it fails to hold, the consensus targets are $60,000 and potentially $56,000 (the "Realized Price" where many institutions may step in).
Key Support Levels to Watch:
●$66,500: Current immediate support (2021 bull market high).
●$60,000: Psychological barrier and major liquidation zone.
●$56,000 , $58,000: Heavy institutional accumulation cluster; often considered the "ultimate floor" for this cycle.
VET
0.00821
+4.85%
GALA
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SC
0.001208
+4.31%