Bitcoin Holds Strong: Why $76,000 Is the Level That Matters Now

Image: Cointribune
Bitcoin has had every excuse to break down harder. The market has had to absorb the recent Binance hack, political uncertainty around the U.S. elections, geopolitical tension and a generally nervous macro environment. Yet BTC has continued to hold around one of the most important zones on the chart. That is what interests me most right now: not the headlines, but how well Bitcoin has behaved despite them. My long-term view remains clear: Bitcoin and gold are scarce assets that can protect against the loss of purchasing power and monetary expansion. Crises do not always destroy markets; they often lead to more debt, more liquidity and inflation. On the four-hour chart, Bitcoin is still showing short-term weakness.
Read the full story on CointribuneBeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Cointribune.




