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Bitcoin is testing the 76000 USD support level as the price drops below 78000 USD, with macro headwinds from rising inflation and Treasury yields adding pressure. Crypto market maker Wintermute flagged a rejection near 82000 USD where the 200-day moving average has capped the rally five times this month. https://cryptoslate.com/bitcoin-price-70000-slide-76000-support/ #Web3 #Blockchain
Bitcoin price risks slide toward $70,000 as $76,000 support weakens

Bitcoin price pressure is building as $76,000 support comes under stress, with ETF outflows, rising yields, and leverage pointing to $70,000 risk.

CryptoSlate
May 19 at 6:52pmWeb