$Bitcoin has lost another battle. After holding above $80,000 for most of the week, BTC broke down hard on October 29 and 30, sliding from around $81,300 to a low near $76,900 in less than 48
Summary
- After holding above $80,000 for most of the week, BTC broke down hard on October 29 and 30, sliding from around $81,300 to a low near $76,900 in less than 48 CryptoCompass editorial visual for markets coverage.
- After holding above $80,000 for most of the week, BTC broke down hard on October 29 and 30, sliding from around $81,300 to a low near $76,900 in less than 48 hours.
- At the time of writing, Bitcoin trades at $77,200, roughly 4.5% below where it opened the week and well under the $78,000 zone that bulls had been defending since mid-September.
- The seven-day chart shows a near-vertical drop late on October 29, a brief bounce toward $78,300, and then a second leg lower on October 30 that pushed price into the $76,900s.
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