Bitcoin Price Slides to $83K as Short-Term Bears Take Control
Bitcoin’s price range is trading near the floor of its 24-hour range after an overnight selloff dragged the BTC/USD pair to $83,404. The 1-hour picture is firmly bearish, with price below every listed moving average and the relative strength index (RSI) at 27, but the daily structure hasn’t completely cracked. Bulls now need to defend […]
Key Takeaways
- Bitcoin’s price range is trading near the floor of its 24-hour range after an overnight selloff dragged the BTC/USD pair to $83,404.
- The 1-hour picture is firmly bearish, with price below every listed moving average and the relative strength index (RSI) at 27, but the daily structure hasn’t completely cracked.
- Bulls now need to defend […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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