Bitcoin's October Decline Sparks Uncertainty for November
TL;DR Summary
Bitcoin has fallen below its 200-day moving average at $109,800, signaling potential further downside to around $94,200, but its long-term momentum remains positive with a possible target of $134,500 if the trend continues.
Topics:business#bitcoin#cryptocurrency#long-term-trend#price-support#technical-analysis#virtual-currencies
- Bitcoin falls below a key level. The crypto may head toward $94,200 next. MarketWatch
- Cryptocurrencies Slump as October Liquidations Repel Buyers Bloomberg
- Lacking Conviction Glassnode Insights
- Bitcoin Set for Worst October Since 2018. What Could Come Next. Barron's
- Experts predict bitcoin is “in for a choppy November” Sherwood News
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
1 min
vs 2 min read
Condensed
85%
214 → 33 words
Want the full story? Read the original article
Read on MarketWatch