Still, Monday’s price action meant that BTC briefly reclaimed the 200-day moving average, which currently sits at $63,575 per TradingView data, but ultimately failed to hold above it. Moving and holding past that key level would reaffirm bitcoin’s uptrend since the lows of around $52,000 hit in the first week in September.
Related posts
-
$16 Billion In Assets To Be Repaid, FTT Price Soars 20%
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five... -
Bitcoin Hashrate Inches Closer to Record as Difficulty Rise Looms
Bitcoin’s hashrate has been climbing steadily, closing in on its peak of 693 exahash per second... -
Bitcoin Hits $64K Mark on Monday, Crypto Market Sees $200M in Liquidations
On Monday, Oct. 7, bitcoin (BTC) reached an intraday peak of $64,444, giving traders plenty to...