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Cryptonary
@cryptonary
Crypto research, analysis and tools. Trusted by 300,000+ investors & traders.
Joined September 2017
106 Following    89.9K Followers
BTC made another low overnight, and the bounce has already lost ground. We’re still cautious. On Binance spot, we’re watching $76,400 above and $75,200 below. Reclaim $76,400 and hold it on a retest, and the recovery becomes more credible. Break below $75,200 and struggle to reclaim it, and sellers remain in control. Spot selling has eased over the last few hours. Buyers haven’t done enough to reverse yesterday’s damage. Zcash is holding up better than BTC, but its overnight bounce has faded too. US jobs data lands at 8:30am ET. We’d rather wait for a recovery that holds than chase the first bounce.
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