Cryptocurrency markets are trading sideways on Friday as Bitcoin consolidates around $84,000.
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Trader Notes: Crypto trader Scient noted it’s been a while since a green weekend and jokingly asked, "Can we dump this please?"
More Crypto Online sees Bitcoin in a downtrend, with lower highs and lows. A break above $84,830 would be the first sign of reversal.
Daan Crypto Trades outlined two key liquidity levels:
- Above: $96,000 is key—Resistance from the illiquid Sunday push after the Strategic Reserve announcement, with likely high liquidity and short stops above.
- Below: $75,000 is the key local low—Local horizontal support, marking the bottom of the correction so far.
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