Bitcoin clings to $82,500 as a break lower risks a slide to $70,000
- —$82,500 is the key support; a break risks a fall to $70,000
- —A move back above $84,000 would remove the $70,000 scenario
- —Nasdaq 100 futures +0.4%, S&P 500 futures +0.2% after SpaceX results
- —Brent crude above $110 on attacks near the Strait of Hormuz
Why it matters: Bitcoin's growing correlation with the Nasdaq means holding $82,500 will decide whether the market extends its slide toward $70,000.
Source: CoinDesk