Deribit Analyst: Due to the support level at $55,500, it is expected that the BTC downtrend will slow down
BlockBeats reports that on September 2nd, Deribit analyst Anand Raj released a report stating that Bitcoin has broken through the $57,700 support level, forming a lower high point, indicating a downward trend. Due to the support level at $55,500, it is expected that the decline in Bitcoin price will be relatively slow.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: Multiple tokens experience a surge followed by a pullback, EGLD hits a new weekly low
Analysis: Ethereum has held its support level, Bitcoin is expected to rebound to $100,000
An Ethereum OG address deposited 18,000 $ETH worth $54.78 million to an exchange.