Cannot fetch data from server.

Bitcoin teeters below $70,000 amid US data storm

Technical Analysis
By Mostafa Mahmoud
Bitcoin teeters below $70,000 amid US data storm
0

BTCUSD

البيتكوين 10-2-2026

Bitcoin trades below the 74,500 resistance level, with prices likely to retest the 65,000 support level, while this scenario is invalidated by a break above the mentioned resistance.

Support

 65000 60000
Resistance 74500

84000

Bitcoin recorded a notable decline during today’s trading, reflecting clear selling pressure after prices failed to maintain momentum above recent levels. The pullback coincided with profit-taking activity and a reduction in leveraged positions, alongside a broader decline in global risk appetite, prompting market participants to reassess short-term positions. This price behavior points to a prevailing cautious sentiment, particularly given the weaker trading volumes compared with previous rally phases.

You can now benefit from LDN company’s services through the LDN Global Markets trading platform.

Mostafa Mahmoud

Mostafa Mahmoud Technical Analyst at LDN Mostafa has half a decade of experience in the field of financial markets between technical analysis and financial portfolio management, which extends to more than one financial market between stocks, commodities, currencies and the debt markets.

You might also like More from author
Leave A Reply

Your email address will not be published.

Info@ldnglobalmarkets.com
REACH OUT TO US
Privacy Policy | AML Policy | Terms & Conditions | Security Of Funds | Risk Disclosure
Licensing and Regulation: LDN GLOBAL MARKETS LLC is an officially licensed broker holding an International Brokerage License in Saint Vincent and the Grenadines, numbered 1547 LLC. The registered address is Richmond Hill Rd, Kingstown, St. Vincent and the Grenadines, VC0100. Additionally, LDN GLOBAL MARKETS LLC is registered with license number T2023240 on Bonovo Road in Fomboni, Island of Mohéli, Comoros Union.
Licensing and Regulation: LDN GLOBAL MARKETS LLC is a fully licensed broker holding an International Brokerage License in Saint Vincent and the Grenadines, numbered 1547 LLC. The registered address is Richmond Hill Rd, Kingstown, St. Vincent and the Grenadines, VC0100.
Other entity within the group: LDNGM FINTECH SERVICES LTD (registration No. HE 432187, registered at Spyrou Kyprianou & Ayias Fylaxeos 182, Kofteros Business Center, Floor 2, Flat 201, 3083) provide content and perform operational management of the business.
Risk Warning : Contracts for Difference (‘CFDs’) are complex financial products that are traded on margin. Trading in contracts for the difference carries a high level of risk, as trading on margin can be to your advantage or disadvantage. As a result, CFDs may not be suitable for all investors as you may lose all your invested capital. You should not risk more than you can lose. Please ensure that you fully understand the risks involved in this trade, and seek independent advice if necessary before entering into such transactions. Please read the risk disclosure statement on this website
LDN GLOBAL MARKETS is committed to the highest standards of the Anti-Money Laundering (AML) compliance and Counter-Terrorism Financing (CTF). To help the governments first and the financial services industry fight the funding of terrorism and money laundering activities, law requires all financial institutions to obtain, verify, and record information that identifies each person opening an account. Since LDN Global Markets is not under the supervision of ESMA, it is not involved with any acts considered to be offering financial products and solicitation for financial services to the European Union countries and this website is not aimed at residents in the European Union countries.
Restricted Regions : LDN Global Markets does not provide its services to citizens and residents of certain jurisdictions such as United States of America, United Kingdom, Canada, Japan, EU countries, Iran, Israel and North Korea.
Copyright ©2015 – 2024 LDN Global Markets all rights reserved.