BTC faces next support at $75K if $81K level fails, analysis suggests

With BTC trading below $82,000, the next support level is at $81,000, which marks the low from last November, according to an analysis by CoinDesk. The report suggests that if this support level is breached, the next support zone is around the $75,000 mark. CoinDesk also noted that macroeconomic issues, such as U.S. President Donald Trump's expected nomination for the next Federal Reserve Chair, could lead to a period of increased short-term volatility.