#BitcoinLoses200DayAverage
📉 BITCOIN LOSES ITS 200-DAY MOVING AVERAGE, NEW LOW OF $71,113
Guys, Bitcoin just broke lower to $71,113 during the U.S. session, its lowest since August, and lost the 200-day moving average at $73,137. RSI fell to 30, entering oversold territory for the first time since 30/6. $BTC Perpetual around $71,361, the whole market is now watching the $70,000 mark; according to Polymarket, the probability of reaching this level in November has risen to around 75%. There are two more tests of nerves this afternoon: Deribit options expiry at 15:00 and October PPI data at 20:30.
Biggest perpetual move today: $ZEC 950 dollars, $ICP 2,57 dollars
#Bitcoin #Fed #PPI
📉 BITCOIN LOSES ITS 200-DAY MOVING AVERAGE, NEW LOW OF $71,113
Guys, Bitcoin just broke lower to $71,113 during the U.S. session, its lowest since August, and lost the 200-day moving average at $73,137. RSI fell to 30, entering oversold territory for the first time since 30/6. $BTC Perpetual around $71,361, the whole market is now watching the $70,000 mark; according to Polymarket, the probability of reaching this level in November has risen to around 75%. There are two more tests of nerves this afternoon: Deribit options expiry at 15:00 and October PPI data at 20:30.
Biggest perpetual move today: $ZEC 950 dollars, $ICP 2,57 dollars
#Bitcoin #Fed #PPI
