The most popular cryptocurrency opened the new seven-day period on Monday, October 14 with another attempt at $8,300. It moved up to $8,364 and once again closed above the mentioned level.
As commented, it is of critical importance for bulls to defend $8,300 and consolidate there.
On Tuesday, October 15, the BTC/USD pair lost 2.3 percent of its value and dropped to $8,152.
The move was followed by another red session on October 16 when the coin moved below $8,000 and closed at $7,994. If BTC bulls don’t regain their positions, we can expect another visit to the $7,800 -$7,500 area.
As commented, it is of critical importance for bulls to defend $8,300 and consolidate there.
On Tuesday, October 15, the BTC/USD pair lost 2.3 percent of its value and dropped to $8,152.
The move was followed by another red session on October 16 when the coin moved below $8,000 and closed at $7,994. If BTC bulls don’t regain their positions, we can expect another visit to the $7,800 -$7,500 area.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.