From TradingView · · 40s
Bitcoin Drops to 60-Day Low
Bitcoin falls 3.39% to a 60-day low as it breaks key support level.
In brief
Bitcoin falls 3.39% to a 60-day low as it breaks key support level. Bitcoin closed at 72,727.27, its lowest price in 60 days, after breaking below 73,510 floor. Originally reported by TradingView.
Bitcoin price drops
Bitcoin closed at 72,727.27, its lowest price in 60 days, after breaking below 73,510 floor.
Price action analysis
Price is 7.16% below the 21-day moving average and 10.58% below the 50-day moving average.
Key resistance levels
The last rally peaked at 84,377 on 22 October before price has been declining steadily.
What to watch next
A daily close above 73,510 would indicate a trend reversal, while below 72,727 extends the downward movement.
The headline
Bitcoin closed at 72,727.27, its lowest price in 60 days, after breaking below 73,510 floor.
