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support levels
In technical analysis of financial markets, **support levels** are price points on a chart where a security tends to find buying interest strong enough to prevent the price from falling further. These levels indicate where demand is expected to outweigh supply, often causing the downward trend to pause or reverse. Traders use support levels to identify potential entry points or to set stop‑loss orders.
Bitcoin breaks below $70,000 after overnight sell-off
Bitcoin fell below the closely watched $70,000 level overnight on Feb. 5, 2026, extending a broader downtrend and reigniting downside forecasts. On Bitstamp, BTC traded as low as $69,101 before attempting to stabilize, according to CoinDesk...
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