BIT:BTC has traded sideways for consecutive 12 days, 80000 USD is a key support level
BIT said,BTC has traded sideways for consecutive 12 days, 80000 USD is a key short-term support level; if it breaks below, it may fall further 76000 to the 79000 USD range. It believes that when BTC holds above the 75000 USD mid-range level, the next 1 to 6 months remain relatively positive.