Add as a preferred source on GoogleBitcoin’s Latest Decline Marks Sixth 5% Drop Since July
Previous declines ranged from 5.1% to 8.9%, while Bitcoin held above the former $81,300 range high and traders watched $84,000 for recovery confirmation.
Bitcoin’s latest decline was the sixth drop of at least 5% since July, adding to a series of pullbacks that have marked its broader recovery phase.
Earlier declines ranged from 5.1% to 8.9%. Bitcoin held above the former range high near $81,300, while a move back above $84,000 would confirm the recovery pattern.
The market remains caught between buyers and sellers, with a broader battleground identified around $64,000 to $65,000. Traders are monitoring whether Bitcoin can reclaim $84,000 or continue holding above $81,300.
TokenPost previously covered Bitcoin’s position above $84,000 as traders awaited Federal Reserve minutes.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.