[Wu Blockchain News] QCP: Bitcoin Holds $76K Support as Binance Sees $3.64B Net Outflows QCP said Bi...
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Bitcoin fell to $76,141 last Friday after breaking below $80,000, but the $76,000–$76,600 range held for a fourth time, according to QCP. Binance reopened withdrawals across 15 networks following an exploit, with net outflows of $3.64 billion, or about 2.1% of assets, while U.S. spot Bitcoin ETFs saw $643.2 million in outflows on Friday. QCP identifies support at $76,000–$76,600 and resistance at $79,500–$80,500. The repeated defense of the $76,000 level matters as a test of whether dip demand can absorb post-exploit exchange outflows and ETF redemptions. Traders will watch whether Binance outflows subside and whether Bitcoin can reclaim the $79,500–$80,500 resistance band.
Muhabbit's AI wrote this summary in its own words from Telegram's report. It can get details wrong, so check the source.
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Bitcoin (BTC), Binance, QCP, U.S. spot Bitcoin ETFs
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