Bitcoin's map for the week is surprisingly simple.
After October closed at $77,437 on Kraken (down 7.3% for the month), the levels traders are watching are $77,000 and October's low of $76,155.5 below, with Friday's high of $78,667 overhead (CryptoWatchDesk).
Price is pinned between those lines while the headlines stay loud. My take: a quiet range after a violent week often decides the next move, in either direction.
Which level matters more to you right now: $76K support or $78.7K resistance?
$BTC #Bitcoin #CryptoMarket #Trading
Not financial advice.
After October closed at $77,437 on Kraken (down 7.3% for the month), the levels traders are watching are $77,000 and October's low of $76,155.5 below, with Friday's high of $78,667 overhead (CryptoWatchDesk).
Price is pinned between those lines while the headlines stay loud. My take: a quiet range after a violent week often decides the next move, in either direction.
Which level matters more to you right now: $76K support or $78.7K resistance?
$BTC #Bitcoin #CryptoMarket #Trading
Not financial advice.