RATE Group | As Bitcoin Price Drops To $9K, Here Are the Targets Traders Are Watching
67023
post-template-default,single,single-post,postid-67023,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

As Bitcoin Price Drops To $9K, Here Are the Targets Traders Are Watching

30 Oct As Bitcoin Price Drops To $9K, Here Are the Targets Traders Are Watching

Posted at 19:21h in Bitcoin News by

[ad_1]

Bitcoin price continues to fall after a massive surge late last week sent the price of the first-ever crypto asset skyrocketing, blasting through resistance and revisiting five-digit prices briefly before it began to cool off.

Now, Bitcoin is flirting with a drop below $9,000, but thus far $9,000 has provided strong support. Here are the price levels crypto traders are watching in case Bitcoin falls below $9,000 or if it bounces from current prices.

Bitcoin Price Finds Support at $9,000 After Rejection Above $10,000

Bitcoin price is currently trading in the low $9,000 range after a powerful push to above $10,000 was stopped short of setting a new, higher high.

Late last week, news broke that Chinese President Xi Jinping urged the citizens of China to support the development of blockchain technologies to ensure the country is at the forefront of innovation.

Related Reading | Chinese Interest in Bitcoin Remains High Post Crypto Rally According to Data 

When Satoshi Nakamoto first created…

[ad_2]

Source link

Tags:
, , , , , ,