Bitcoin just fell below 65,000 dollars for the first time since August. 📉
TokenPost and EconoTimes report Bitcoin dropped to about 62,700 dollars overnight, down more than 8 percent in 24 hours, and it is now down about 23 percent from its November 5 high of 80,669 dollars. 📊 CoinGecko data checked at 08:00 PKT puts Bitcoin near 64,120 dollars, so the market bounced a little off the low, but the damage is done, and UrduPoint confirms this is the first break of 65,000 since August 19. My reading is that a weekend break like this, with no stock market open to steady the mood, leaves every bounce suspect until buyers reclaim 70,000 dollars.
Do you buy this dip, or wait for a daily close back above 70,000 first? 🤔
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #BitcoinPrice
TokenPost and EconoTimes report Bitcoin dropped to about 62,700 dollars overnight, down more than 8 percent in 24 hours, and it is now down about 23 percent from its November 5 high of 80,669 dollars. 📊 CoinGecko data checked at 08:00 PKT puts Bitcoin near 64,120 dollars, so the market bounced a little off the low, but the damage is done, and UrduPoint confirms this is the first break of 65,000 since August 19. My reading is that a weekend break like this, with no stock market open to steady the mood, leaves every bounce suspect until buyers reclaim 70,000 dollars.
Do you buy this dip, or wait for a daily close back above 70,000 first? 🤔
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #BitcoinPrice
