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Bitcoin Price Faces $78K Threat as Sellers Hammer Key Support

News.Bitcoin.com
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Bitcoin Price Faces $78K Threat as Sellers Hammer Key Support

Bitcoin’s price traded near $80,500 Saturday morning, Oct. 24, with sellers controlling the shorter time frames despite longer-term technical indicators remaining positive. Exchange aggregation sites recorded a 24-hour low of $80,409, while Bitstamp logs identified support near $80,351 per coin. The technical picture remains bearish beneath $82,000, although largely neutral oscillators suggest the latest selling […]

Key Takeaways

  1. Bitcoin’s price traded near $80,500 Saturday morning, Oct.
  2. 24, with sellers controlling the shorter time frames despite longer-term technical indicators remaining positive.
  3. Exchange aggregation sites recorded a 24-hour low of $80,409, while Bitstamp logs identified support near $80,351 per coin.
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.