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Bitcoin Faces A Key Test Near $81,300

20m ago•
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A personified Bitcoin plummets down an immense orange financial ramp. Behind it, the path it had previously climbed is clearly visible: several ascending platforms lie now abandoned, with autumn leaves swirling in its wake. Bitcoin has just reached a large horizontal platform representing its starting level for the month. It digs its heels into the metal attempting to brake, face anxious, body thrown backward. However, just a few meters further, the platform ends in a precipice plunged into darkness.

Bitcoin wiped out its gains from early October by falling back to around $83,300 on October 7, after surpassing $86,400 the day before. The $81,300 level now draws attention, but its loss would only become truly worrying with ETF outflows and loss-making sales by recent investors.

L’article Bitcoin Faces A Key Test Near $81,300 est apparu en premier sur Cointribune.

20m ago•
bullish:

0

bearish:

0

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