...
BTC$87,250.002.34%
ETH$4,120.001.18%
SOL$178.004.72%
BNB$645.000.95%
XRP$2.656.41%
ADA$0.82000.62%
AVAX$42.503.14%
DOGE$0.18002.07%
LINK$32.501.89%
DOT$8.900.44%
UNI$14.202.56%
MATIC$0.58000.71%
BTC$87,250.002.34%
ETH$4,120.001.18%
SOL$178.004.72%
BNB$645.000.95%
XRP$2.656.41%
ADA$0.82000.62%
AVAX$42.503.14%
DOGE$0.18002.07%
LINK$32.501.89%
DOT$8.900.44%
UNI$14.202.56%
MATIC$0.58000.71%
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bitcoinHIGH IMPACTCoinDesk · 33d ago

Bitcoin clings to $76,200 support as 64% market odds favor $76K close

Bitcoin defends technical support near $76,200 as prediction markets price 64% odds the asset closes above $76,000 by 5pm EDT Friday.

Why it matters: A break below pivots BTC toward $73,500 and risks unwinding April's 13% rally just as May seasonality typically turns bullish.

  • BTC trades at the 23.6% Fib retracement at $76,200; expected consolidation range is $76,240–$79,000.
  • Prediction markets show 47% odds for a $76,500 close and 37% odds for $77,000 by 5pm EDT.
  • Over $110M in leveraged BTC longs were liquidated as Iran-tied oil shock and 'higher-for-longer' Fed weighed on risk.
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