Crypto
Home›Crypto›Bitcoin›Bitcoin bounces off Friday's key technical support but…
Bitcoin bounces off Friday's key technical support but has a limit to the upside
Friday’s decline finds willing buyers Bitcoin sellers pushed the price to its lowest level since September 17 on Friday as stocks fell sharply. However, the decline stalled against key technical support near $76,052, where the 100 day moving average and the 38.2% retracement of the move up from the July 1 low converged. That support gave buyers a defined level to lean against, and the price rebounded over the weekend. The recovery extended above the 100 hour moving average and reached approximately $78,740 before rotating back to the downside. The price is currently tradin
Latest closeBitcoin $77,435.73 ▲1.0%