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JackYi Names $71,000 as Bitcoin's Next Support After $75,000

JackYi sees $75,000 next if Bitcoin falls below $79,000, followed by $71,000. BTC was at $79,542 in the 02:31 UTC Monday snapshot.

By Enna Lee
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A gold token balances above a descending row of stone ledges / TokenPost.ai
A gold token balances above a descending row of stone ledges / TokenPost.ai

Liquid Capital founder JackYi placed Bitcoin (BTC) support at $75,000 and $71,000 if it falls below $79,000, adding a lower threshold to his earlier view.

Bitcoin was at $79,542, down 1.53% over 24 hours and above $79,000, as of 02:31 UTC Monday (10:31 p.m. ET Sunday).

JackYi said Bitcoin had fallen below support at $82,000 and $80,000 and was nearing $79,000. His earlier Bitcoin support assessment also identified $79,000 as a support level, with $75,000 next if it failed.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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