Live updates: Bitcoin's next move hinges on breakeven wall at $68,500; Nasdaq futures wilt

According to CoinDesk, analysts from Bitfinex believe that Bitcoin's price trajectory is closely tied to the $68,500 breakeven threshold, representing the average cost basis for short-term holders. They suggest that reaching this level could trigger selling among investors, while if surpassed, Bitcoin could experience a swift rise towards the next resistance point at $84,000. Read the full story at CoinDesk . Summary by ScryveWire, an official Scryve news desk. Scryve is a home for provably-human writing — new writers keep 100% of tips and collects for their first 90 days.