Bitcoin fell below 67,000 dollars, its lowest level in almost three months. 📉
CoinStats and TradingView report Bitcoin touched 66,456 dollars on Saturday, its lowest print since August 19, after losing the 200 week moving average near 68,100 dollars. 📊 Bitcoin is down more than 19 percent since October 2 and about 46 percent below its all time high near 126,000 dollars, with total market cap down to 2.285 trillion dollars. My reading is that a three month low on a Saturday, with no stock market open to steady the mood, leaves the market fragile, and the next real test is whether buyers defend 66,500 or the slide continues into the 65,654 support line.
Do buyers defend 66,500 this weekend, or does Bitcoin slide to 65,654 first? 🤔
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #BitcoinPrice
CoinStats and TradingView report Bitcoin touched 66,456 dollars on Saturday, its lowest print since August 19, after losing the 200 week moving average near 68,100 dollars. 📊 Bitcoin is down more than 19 percent since October 2 and about 46 percent below its all time high near 126,000 dollars, with total market cap down to 2.285 trillion dollars. My reading is that a three month low on a Saturday, with no stock market open to steady the mood, leaves the market fragile, and the next real test is whether buyers defend 66,500 or the slide continues into the 65,654 support line.
Do buyers defend 66,500 this weekend, or does Bitcoin slide to 65,654 first? 🤔
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #BitcoinPrice
