Daily Market Updates: Bitcoin Falls Below Psychological 70K Support and Hits the Lowest in Almost Three Months

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Bitcoin Falls Below Psychological 70K Support and Hits the Lowest in Almost Three Months

Reported · Written up by our desk · Major Pairs

BTCUSD fell over 5% on Friday, in extension of steep two-day drop (down around 9%) and hit the lowest in nearly three months. Fresh acceleration lower broke several key supports (200DMA / 50% and 61.8% of 57673/87385 and psychological 70K level) generating strong bearish signals. Bitcoin came under increased pressure in post-mid-term election period, as […] The post Bitcoin Falls Below Psychological 70K Support and Hits the Lowest in Almost Three Months appeared first on ActionForex .

Latest closeBitcoin $69,000.62 ▼3.3%

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Action ForexBitcoin Falls Below Psychological 70K Support and Hits the Lowest in Almost Three Months

Forex

Bitcoin Falls Below Psychological 70K Support and Hits the Lowest in Almost Three Months

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