Bitcoin (BTC) Price: Big Move Brewing as Earnings Week Begins. Analysts Weigh In
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TLDR Bitcoin traded below $82,000 on Monday after a sell wall built up above $83,000. The Nasdaq rose 1.5% and the 10-year US yield hit 5.13%, while BTC lagged. QCP Capital said $80,000 support could be at risk if stock losses return. A US-Iran deal could be announced this week, though neither side has confirmed it. Analyst Ash Crypto says BTC has closed above the 50-week moving average for five straight weeks. Bitcoin (BTC) traded below $82,000 after the Wall Street open on Monday. Crypto moved apart from stocks and bond yields, which both climbed. TradingView data showed BTC/USD dipping to $81,678 on Bitstamp. The pair had reached $83,062 earlier in the day. Ask orders piled up above $83,000 on exchange order books.
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