Bitcoin loses a thousand dollars in five minutes with a new decline below 60 thousand dollarssteemCreated with Sketch.

in bitcoin •  3 years ago 

Bitcoin (BTC) fell sharply on October 27 as $60,000 finally gave way to two-week lows. BTC/USD hourly candlestick chart (Bitstamp). Source: Trading ViewBitcoin Attempts to Cling to Major Buying Wall Data from CoMarkets Pro and Trading View shows that the BTC/USD pair is approaching $58,000 at the time of writing, hitting its lowest level since October 15. The move comes after multiple retests of $60,000, with Bitcoin now taking liquidity into a major support wall with $57,000 as its base.

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