Bitcoin Falls Nearly 2% as $82,800 Breakout Faces Support Test
Photo: TokenPost
Bitcoin (BTC) fell nearly 2% to about $82,480 on Monday, Oct. 12, as traders assessed whether the cryptocurrency could hold $82,800 as support after its recent breakout. Bitcoin’s market capitalization declined by more than $25 billion over 24 hours to roughly $1.65 trillion. Its 24-hour trading volume rose more than 99% to $22.8 billion, while BTC remained up 6.59% over the previous 30 days. Technical analyst Aksel Kibar identified $82,800 as a key support level for the breakout.
Source: TokenPost
