Bitcoin bulls defend $80K support as ‘World War 3 of trade wars’ crushes US stocks
Bitcoin bulls aim to hold the $80,000 level to prevent BTC from following the record-breaking losses seen across US equities markets.
Bitcoin (BTC) price dodged the chaotic volatility that crushed equities markets on the April 4 Wall Street open by holding above the $82,000 level.
BTC/USD 1-hour chart. Source: Cointelegraph/TradingView
Data from Cointelegraph Markets Pro and TradingView showed erratic moves on Bitcoin’s lower timeframes as the daily high near $84,700 evaporated as BTC price dropped by $2,500 at the start of the US trading session.
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