Economic TimesLean R·
Bitcoin consolidates at $79,000 as profit-taking and consolidation keep market cautious. Here's what experts say
Bitcoin held near $79,000 on Thursday as profit-taking and consolidation kept traders cautious following its recent recovery. Analysts said the cryptocurrency remains in a constructive setup, with $77,500-$78,000 acting as key support and $80,000-$82,850 as resistance. Traders are also watching Jackson Hole commentary and upcoming US inflation data.
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