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Bitcoin nears its lowest level in 15 months

Technical Analysis
By Ahmed Ashraf
Bitcoin nears its lowest level in 15 months
0

BTCUSD

البيتكوين 4-2-2026

Bitcoin is trading above the $74,000 support area, and prices are likely to move within a sideways range between the mentioned support and the $79,000 resistance during today’s trading.

Support

 74000 70000
Resistance 79000

84000

Bitcoin came under strong selling pressure during today’s trading session, extending the weakness dominating the cryptocurrency market following aggressive liquidations of leveraged positions. The latest decline was accompanied by a break of key support levels, accelerating the downward move and pushing prices into a clearly negative range, amid a global pullback in risk appetite and renewed focus on macroeconomic factors, particularly U.S. monetary policy and the relative strength of the U.S. dollar.

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Ahmed Ashraf

Technical Analyst & Economic Researcher at LDN Global Markets

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