Coinbase Pegs Bitcoin Resistance at $80k — Market Talk
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Coinbase Institutional says that if bitcoin holds above $72,000 to $77,000 it "favors a breakout to $80K, however the band of strong resistance has widened so playing this could be difficult." A rejection of $72,000 favors a mean reversion to around $65,000, the firm says in a note. Should bitcoin claw its way back to $80,000, then that would be the highest its traded at since early February. Bitcoin is down 1% to $70,661, according to data from LSEG. (kirk.maltais@wsj.com)
source: https://www.tradingview.com/news/DJN_DN20260409005812:0/
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