Nansen: Bitcoin may retreat to around $71,000-72,000

Odaily News Aurelie Barthere, chief research analyst at crypto analysis platform Nansen, said that most cryptocurrencies have broken through key support levels, so it is difficult to estimate the next key price level. For Bitcoin, the next level may be $71,000-$72,000, which is the top of the trading range before the US presidential election. Although investor sentiment has declined, cryptocurrencies and global markets are still in a "macro adjustment" in the bull market. (Cointelegraph)