Analyst: The recent psychological threshold for Bitcoin is at $81,500

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Odaily Planet Daily reports that CryptoQuant analyst MorenoDV stated that the Bitcoin price must stay above $81,500, as this is a psychological threshold. When the Bitcoin price is above this support level, investors generally feel reassured. Another trader and analyst, Daan Crypto Trades, said that the BTC/USD price will continue to fluctuate wildly until the key support zone of $84,000 to $85,000 is broken, or the resistance level at $94,000 is breached. (Cointelegraph)

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