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Bitcoin Price Plunges Below $84K as Rally Snaps

News.Bitcoin.com
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Bitcoin Price Plunges Below $84K as Rally Snaps

Bitcoin’s rally abruptly ended as its price dropped below $84,000, reaching an intraday low of $83,508 shortly after failing to hold above $87,000. Rejection at Key Resistance Bitcoin’s latest rally snapped Wednesday as the cryptocurrency dipped below $84,000 for the first time since Monday. The reversal came just hours after it breached $87,000 for the […]

Key Takeaways

  1. Bitcoin’s rally abruptly ended as its price dropped below $84,000, reaching an intraday low of $83,508 shortly after failing to hold above $87,000.
  2. Rejection at Key Resistance Bitcoin’s latest rally snapped Wednesday as the cryptocurrency dipped below $84,000 for the first time since Monday.
  3. The reversal came just hours after it breached $87,000 for the […]
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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.